Author: Marketforces Africa

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.

Sell pressure drag market index Down 1.2% over the week

Debt sustainability risk: Weak revenue collection expands FG’s fiscal deficit

FG inaugurates Abuja School of pensions, retirement planning