Author: Marketforces Africa

quities market opens the week on bearish note as all share index went down 73 basis points. In yesterday’s trading session, the local bourse opened the week on a bearish note as the All Share Index (ASI) shed 73bps to settle at 29,521.90 points following losses in GUARANTY(-2.2%), STANBIC (-4.0%) and DANGCEM (-0.5%).

Leak details: Beijing defends Huawei in UK’s 5G network row

Britain must get to bottom of Huawei leak — Finance minister

As the world commemorates the 2019 World Safety and Health at work places, the Nigerian Red Cross Society (NRS) has called on employers of labour and other key stakeholders to prioritise the safety of workers. The organisation said it could be achieved by ensuring that the work environment was safe and healthy for workers at all levels. Mr Nwakpa Nwakpa, Head Communication and Advocacy (NRS), made this known in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. He said that 2019 World Safety and Health at Work has its theme as “Safety and Health at…

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…