Month: October 2024
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Company Analysis
Dangote Cement Reports Flat 9-Month Net Profit, Soaring Production, Admin, Finance Costs
Post Views: 168 Unless something positively drastic happens within the last quarter of the year, the directors of Dangote Cement…
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Global Markets
Oil Market Sentiment Shifts Amid Changing Geopolitical Conditions
Post Views: 102 By Joseph Dahrieh Crude oil futures stabilized this week, poised to end with some gains amid a…
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Global Markets
Gold In Volatile Trade Amid Uncertainties Over U.S Election, Fiscal Spending
Post Views: 108 By Ahmad Assiri Gold’s recent journey has seen a sell-off from $2,750/oz to $2,710/oz, followed by a…
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Equities
Positive Sentiment Continue On Profit Taking, Amid Positioning Ahead Of More Q3 Earnings Inflow
Post Views: 146 Market Update for October 24 The uptrend and bullish sentiment on the Nigerian Exchange continued Thursday, ahead…
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Economy
Old, Redesigned Naira Banknotes Remain Legal Tender Indefinitely- CBN Replies Reps
Post Views: 91 The Central Bank of Nigeria (CBN), on Thursday said the old series of N200, N500, and N1,000 banknotes…
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Company Analysis
FX Transaction Loss, Finance Costs Throw NB Plc Further Into Loss At Months
Post Views: 87 Company Blames Naira Devaluation Challenging Environment, Rise In Borrowing Cost Rights Issue Proceeds To Offset Foreign, Domestic…
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Economy
CBN Woos Nigerian Diasporas To Boost Remittances For Economic Growth
Post Views: 112 Poised to harness the economic potential of Nigeria’s diaspora, the Central Bank of Nigeria (CBN), on Thursday…
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Equities
Mixed Sentiment, Portfolio Rebalancing Yet On NGX Amid Reactions To Impressive Q3 Earnings Inflow
Post Views: 151 Market Update for October 23 Bullish momentum continued Wednesday on the Nigerian Exchange. The session witnessed mixed…
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Global Markets
Gold Hits New High Amid Political Uncertainty In US, Unending Middle East War
Post Views: 181 By Samer Hasn Chart Source: GoldPrice.org Gold continues to reap historic gains today, touching $2,758 per ounce…
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Global Markets
Oil Price Stabilises Amid Uncertainty, Pressures From Market Repricing
Post Views: 65 By Rania Gule Crude oil prices are currently facing complex challenges, stabilizing around the level of $71.50,…
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