Nigeria in 1min: Economic, Business and Financial Headlines – 080119


 Tuesday January 08, 2019 / 7:00 AM / Proshare News



Click Here To Read Latest Updates



FSDH Research Expects Modest Recovery in Equities’ Market in 2019 - FSDH Research expects the Nigerian equity market to close the year 2019 in positive territory. The equity market depreciated by 17.81% in 2018, after an appreciation of 42.30% recorded in 2017.  Source FSDH Read More 

FIRS Sets N8tn Revenue Target In 2019 - The Federal Inland Revenue Service has given itself a target to generate N8tn revenue in 2019. Source Punch Read More 

World Bank Group President Kim to Step Down February 1 - World Bank Group President Jim Yong Kim today announced that he will be stepping down from his position after more than six years in which the institution’s shareholders provided strong support to multiple initiatives to ensure that the Bank Group retains strong leadership in the world of global development.  Source World Bank Read More 

Workers’ Protest over Minimum Wage Begins Today - The Nigeria Labour Congress (NLC) has directed its 36 state councils, affiliate unions and friendly groups, including Civil Society Organisations (CSOs) to mobilise for the commencement of nationwide mass protest over the failure of the federal government to transmit the N30,000 minimum wage implementation bill to the National Assembly. Source Thisday Read More 

Review of Key Developments in the Nigerian Economy Week 1 of 2019 - It was an eventful  first week of January, 2019 in the Nigerian Economy and we bring to you key developments that occurred during the week in review. Source Proshare Read More


Click Here to Read More News on Economy

Proshare Nigeria Pvt. Ltd. 




January 2019 FGN Savings Bonds Offer For Subscription - Pursuant to the Debt Management Office (Establishment) Act 2003 and the Local Loans (Registered Stock and Securities) Act, CAP. L17, LFN 2004. Source DMO Read More 

Afrinvest Stock Recommendation For The Week 070119 - The downward trend in the domestic stock market continued last week as the All Share Index closed negative, down by 1.3% W-o-W to settle at 30,638.90 points while YTD return stood at -2.5%. Source Afrinvest Read More 

T-Bills Market Reverses Bullish Run as Average Rate Advances to 14.3% - Last week, the Treasury Bills (“T-Bills”) market operated on four trading sessions, which included the final trading session of 2018 and the first three trading sessions of this year. Source Read More 

Nigerian Stock Market Opens The Week On A Negative Note; NSEASI Dips By -0.78% - Equities market closed today on a negative note, as NSEASI depreciated by -0.78% to close at 30,400.28 basis points as against -0.43% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -3.28%.  Source Proshare Read More 

Lafarge Africa Plc 2018-19 Rights Issue – Trading Below Its Rights Issue Price By 5.42% - The Lafarge Africa Plc rights issue which opened on Monday December 17, 2 018 and expected to run through till Wednesday January 23, 2019 is currently trading below its rights issue price of N12.00 per share by 5.42%, currently at N11.35 as at Monday January 07, 2019.  Source Proshare Read More 

Naira up at N359/$ in Parallel Market - The Naira, yesterday, appreciated to N359 per dollar in the parallel market. Source Vanguard Read More


 Click Here to Read More News on Markets

Proshare Nigeria Pvt. Ltd. 


Role of the Capital Market In Developing Nigeria’s Fintech Ecosystem - Capital Markets worldwide  have key roles to play in developing the fintech ecosystem say tech experts and financial analysts. Source Proshare Read More

Click Here to Read More News on Technology




Proshare Nigeria Pvt. Ltd.


Click Here To Watch More Videos

Related News