Equity analysts advise investors to offload Unity Bank, Unilever, Guinness stocks. Equity pickers have advised investors to adjust portfolio with recommendation to Buy UBA, Sell UBN Hold FCMB, and Reduce Sterling but Accumulate Stanbic IBTC shares.
Experts say GDP growth uninspiring, seek market-friendly policies. The Nigerian economy size expanded some 17 basis points above the 2.10% growth rate estimated by the International Monetary Fund (IMF) to settle at 2.27%, but experts refuse to celebrate, say the growth is uninspiring.
Unattractive yields: investors wait on sideline, hold for medium-long term instruments
Sell-Offs In Banking Stocks, Others Drag Nigeria’s Bourse Lower. Investors’ fortune decline significantly as the Nigerian Stock Exchange on Monday recorded that thirty three companies stock value nosedived.
Fidelity Bank Plc says it has doled out N68 million to its customers to support the Federal Government financial inclusion under Get Alert in Millions (GAIM) promo season 4.
SEC generates N194.48million from penalties The Securities and Exchange Commission, SEC, has said it generated N194.48 million from penalties in…
Nigerian GDP expands 2.27% in 2019 on stable oil production
Why Smart Companies Outsource Product Manufacturing. When new businesses fail, most of the time it’s due to running out of cash.
CBN injects $292.34 million into retail Secondary Market. The Central Bank of Nigeria (CBN) has injected the sum of 292.34 million dollars into the retail Secondary Market Intervention Sales (SMIS).
Declining Excess Crude Account highlights economic exposure to shocks. Analysts have said the declining Excess Crude Account (ECA) highlight vulnerability of the nation’s economic prosperity and growth to shocks. ECA fall to $72 million on February 19th, from $365 million on January 16th, 2020.
