Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
Diabetic adults are within the age of 20 and 79 years, and International Diabetics Federation estimated that diabetes population would double by over the next 25 years in Africa. The root cause of this ill-health is lack of good eating habit, excessive sugar intakes and inability to manage ones health properly. Unfortunately, people don’t know as they supposed to. Awareness is poor, and people don’t usually bother about the state of their health until it is almost late. MarketForces research team discovered through survey that less than 25% of Nigerians living in the city visit their hospital for checkup. Also,…
Bugatti President, Stephan Winkelmann says the time has come for the supercar manufacturer to look at adding a second model which could be an SUV and will almost certainly be electrified. And Australia is on its plans.
GTS. Three letters that caused a sensation when the 904 GTS was first launched in 1963, and have combined race track high performance with superior sportiness in day-to-day use ever since.
First City Monument Bank Plc (FCMB) shareholders have expressed satisfaction with the 14 kobo dividend per share the board of director proposed for financial year 2018. The proposed dividend came on the back of improved performance in key metrics in its 2018 audited result
Goosh! It is school fees, again
The Securities and Exchange Commission (SEC), says it will align the 10-Year Capital Market Master plan with the present economic realities. The Acting Director-General of SEC, Ms Mary Uduk, in a statement signed by SEC’s Head of Media, Mrs Efe Ebelo said SEC would also ensure the planned review was concluded in record time. Uduk made this known during a meeting with stakeholders in the capital market in Abuja. She said the review was to align the master-plan with current realities on macroeconomic, political and market development fronts. On implementation, Uduk said of over 90 initiatives outlined in the Capital Market Master Plan, 66 initiatives…
Foreign exchange: Trading of Naira Largely Stable Across Markets
The money market activities remained generally upbeat throughout the week, despite an open market operations (OMO) auction for instruments worth N166.6 billion. The short and mid tenor instruments were under-subscribed with bids-offers settling at 0.15x and 0.03x respectively for the 93-day ( with N7.4 billion offered and subscription of N50.0 billion at 11.80% stop rate – 11.800%) and 184-day ( with N50.0 billion offered, and N0.5 billion subscription at 12.90% stop rate) instruments. However, the 359-day instrument was 2.8x oversubscribed, with N100 billion offered, N284.5 billion subscription at 13.029% stop rate). Also, in the Treasury bills secondary market, activities were…
Sell pressure drag market index Down 1.2% over the week
Debt sustainability risk: Weak revenue collection expands FG’s fiscal deficit