Cowry Asset Management

The Nigerian Exchange Limited (NGX) opened the week on a negative note as persistent profit-taking dragged the All-Share Index (ASI) down by 0.50 per cent to close at 148,781.90 points …

Financial analysts have expressed growing concern over Nigeria’s increasing reliance on external borrowing, warning that the rapid accumulation of debt without commensurate revenue growth could deepen the country’s fiscal vulnerabilities …