Economics
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ECONOMICS: Gold Eases from Near 6-Year High
Gold prices were down more than 0.4% to $1,541 an ounce around 10:40 AM London time on Wednesday, after hitting…
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ECONOMICS: Ghana Composite PMI Edges Down in August
The Stanbic Bank Ghana PMI dropped to 50.7 in August 2019 from 51.2 in the previous month, signalling improvement in…
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ECONOMICS: Nigeria Private Sector Growth at Over 1-Year High
The Stanbic IBTC Nigeria PMI rose to 56.4 in August 2019 from 54.6 in the prior month, pointing to the…
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ECONOMICS: European Shares Trade Lower
European stocks traded lower on Tuesday morning, with auto, chemicals and construction shares among the worst performers led by AstraZeneca…
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Economics: Oil Rises amid US-China Trade Deal Optimism
Oil prices edged higher on Tuesday, on hopes of progress in the year-long trade war between the world´s two biggest…
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FINANCE: GT-Bank Is Nigeria’s Largest Bank By Capitalisation
Guaranty Trust Bank (GTB), Nigeria’s largest Bank by market capitalisation, trades at a price to earnings (PE) ratio of 4…
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FINANCE: Afrinvest Stock Recommendation For The Week
Market Last Week (Our Observation) The local bourse halted its extended bearish run last week as the All Share Index…
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CBN Warns The General Public About Fraudulent Loan Offer
Beware of Fraudulent Loan Offers The attention of the Central Bank of Nigeria (CBN) has been drawn to fraudulent messages…
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Finance: Nigeria Secondary Market Sustains Bearish Trend
The Treasury Bills (“T-Bills”) secondary market sustained its bearish trend, attributed to tight system liquidity (N348.4bn short as at Friday)…
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Breaking:Buhari’s government to recover N614bn budget support given to 35 Nigerian states
The government of President Muhammadu Buhari wants states to return the N614 billion earlier given to them – Zainab Ahmed,…
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