Author: Kingsley Ighomwenghian

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Positive Data To Rescue, As Nigeria’s Bourse In Correction Mode

Market Update for June 6 Market sentiments among the investing public on the floor of the Nigerian Stock Exchange were mixed on Tuesday as trading cl...

Eye On Juicier Market Share: S’Africa’s SABMiller To Merge Int’l Breweries, Pabod, Interfact

After over five years of relatively fringe presence, South African brewery giant- SABMiller is working towards fusing its three separate companies in ...
Nigeria economy continues to show traces of recovery

Nigeria economy continues to show traces of recovery

Global Economy Review: ... USA: The recent political utter-cations in the US has started exerting on the Country’s economy. In a recent release on t...
Nigeria’s Large Population Market For Profitable Returns On Investment- Osinbajo

Nigeria’s Large Population Market For Profitable Returns On Investment- Osinbajo

Acting President Yemi Osinbajo, on Monday affirmed that Nigeria’s large population offers any investor and businessman seeking profitable returns a pr...

World Bank Projects 1.2% Growth For Nigeria This Year, Says Controls Distorting FX Market

• Recovery May Be Slow Without Fiscal Adjustments The World Bank Group, on Tuesday published its June 2017 Global Economic Prospects Report, noting...
South Africa’s Economy Slips Into Recession, Contracts By 0.7%

South Africa’s Economy Slips Into Recession, Contracts By 0.7%

For the second consecutive quarter, Statistics South Africa said on Tuesday that the economy recorded negative growth, contracting by 0.7% in the firs...
Expected Positive MSCI Index News Push Nigeria’s ASI To Another New High, Analysts Caution

Expected Positive MSCI Index News Push Nigeria’s ASI To Another New High, Analysts Caution

Market Update for June 5 The growing demand for equities continued among investors on the floor of the Nigerian Stock Exchange on Monday, sustaining ...
Forex Update: TECHNICAL ANALYSIS FOR JUNE 5TH

Forex Update: TECHNICAL ANALYSIS FOR JUNE 5TH

AUD: 74217 – 73293 is a significant Support Zone which we believe would hold prices up. A break below that zone negates our buy bias. We want to look ...
CBN Boosts Forex Market With Fresh $190m Injection

CBN Boosts Forex Market With Fresh $190m Injection

• New Circular Allows Dealer-Dealer Fx Sales Without CBN Nod As promised by its spokesman, the Central Bank of Nigeria (CBN), on Monday continued ...
At 14.2%, Nigeria Has One Of World’s Highest Jobless Rate- NBS

At 14.2%, Nigeria Has One Of World’s Highest Jobless Rate- NBS

• Unemployment, Underemployment Rate Hits 35.2% In 2016 Q4 At a time the Federal and State Governments say they are creating jobs in line with thei...
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