| All One Min News |    1669 VIEWS  |
| All One Min News | |
| 1669 VIEWS | |
 | |
| PROSHARE | |
| PROSHARE | |
Monday, January 24, 2022 / 5:45 AM / By News Aggregator / Header
Image Credit: Akinwumi A. Adesina
COVID-19 Health Updates
Click Here to Read Latest News Updates
PROSHARE ECONOMY
The Nigerian Financial Market 2021 Review and 2022
Outlook: A Mix of Boom and Gloom - 2021 was a lackluster year for the domestic bourse,
although trading closed on a positive note. This was shaped by a mix of rising
fixed income (FI) yield, recurring FX issues, impressive corporate earnings,
global oil price recovery, and a rollercoaster resurgence of the virus
infections. Source Afrinvest Research Read More
Oil Prices Fall Back Despite Bullish Predictions -
OIR 210122 - Leading investment banks issued their outlooks for 2022 this week, with
both Goldman Sachs and Morgan Stanley expecting crude oil prices to hit $100
per barrel this year as oil inventories continue to ebb further and OPEC+ spare
capacity falls. Source Tom Kool of Oilprice.com Read More
LCCI: The
Non-Interest Debt Debate for Budget 2022, Rethinking Public Policy - Nigeria's leading trade business group, the Lagos
Chamber of Commerce and Industry (LCCI), recently hosted stakeholders at a
conference assessing the Federal Government's 2022 Budget and how to chart a
pathway to effective fiscal management. Source Ottoabasi Abasiekong for WebTV Read More
Rising Governance
Cost, Recession, Others Raise FG Spending by 183% -
Rising governance cost, economic recessions necessitating higher government
spending may have combined with other factors to raise Federal Government
spending by 183 per cent in seven years, it has been learnt. Source Punch Read
More
Nigeria Lost N74.51bn
Oil Revenue in December, Says OPEC - A new monthly
report of the Organization of the Petroleum Exporting Countries has shown a
plunge in Nigeria's crude oil production in December 2021, triggering a loss of
about N74.51bn in oil earnings. Source Punch Read
More
Agusto to FG:
Admit Nigeria Has Debt Problem before Economy, Local Currency Crumbles - The Founder of Nigeria's first rating agency, Agusto & Co
Limited, Mr. Bode Agusto, has called on the federal government to admit that
the country has a serious debt problem that required urgent steps to address
before the Nigerian economy and its local currency would crumble and crash.
Source THISDAYLIVE Read
More
FAAC: FG, States,
LGs Share N699bn as Allocation in December - up by N23bn - The federation accounts allocation committee (FAAC) says it shared
N699.824 billion among the three tiers of government for December 2021. This
represents an increase of N23.878 compared to N675.946 disbursed in the
previous month. Source TheCable Read
More
Click Here to Read
More News on Economy
PROSHARE REGULATORS
Revenue Drive
or Market Development - Making Sense of SEC's New Circular to CMOs - The recent announcement of a hike in the
registration fees of capital market operators (CMOs) could be a major test for
the Nigerian Capital Market or the start of the redefinition of the
relationship between Trade Groups/SROs and their market regulator, the
Securities and Exchange Commission (SEC) Nigeria. Source TheAnalyst Read More
Click Here to Read
More News on Regulators
PROSHARE MARKETS
What To Expect From The Markets This Week - 240122 - The IMF disclosed on Thursday that it proposes a $50bn Resilience and Sustainability Trust (RST) to help low-income and vulnerable middle-income countries build resilience to balance of payments shocks. Source Proshare Content Read More
Click Here to Read More News on Markets
PROSHARE BUSINESS
AMCON Takes Over IBEDC - The Assets Management Corporation of Nigeria (AMCON) has taken over the Ibadan Electricity Distribution Company (IBEDC) Ltd over insolvency. The Chief Operating Officer (COO) Engineer John Ayodele disclosed this in a memo to members of staff intimating them of the development, The Nation gathered. Source Bisi Oladele of The Nation Read More
Dangote Oil Refinery to Begin Production
before Q3, 2022 - Africa's richest man, Aliko
Dangote, said mechanical work on his much-awaited crude oil refinery located at
the Lekki Free Zone, in Lagos State, had been completed and the facility would
begin to run between August and September this year. Source THISDAYLIVE Read
More
FG Signs Tripartite Agreement with Two
States on Electricity Supply - Poised to improve
electricity supply to rural and urban settlements, the Federal Government had
signed a Memorandum of Understanding (MoU) with the Sokoto and Bauchi state
governments for solar and mini grid power systems. Source Guardian Nigeria Read
More
Click
Here To Read More News on Business
PROSHARE TECHNOLOGY
Non-Fungible
Tokens - Regulatory Concerns in Nigeria - The last
decade has witnessed a massive rave in the use and acceptance of digital
currencies and assets all around the world. Amongst these digital assets,
Nonfungible Tokens ("NFTs"), has gained so much
popularity-particularly amongst creatives and content creators. Source Rapheal
Irenen (AELEX) Read More
Apple Nears First Product Launch of
2022, with 5G iPhone SE and New iPad on Tap - Apple
Inc. is nearing its first launch event of the year, with a new iPhone SE and
iPad on tap. Also: The company takes another hit to its App Store business
model, and the autonomous car team loses another top manager. Source Bloomberg Read
More
U.S. House Bill on China Competitiveness,
Chip Investment, Coming Soon - Pelosi - The U.S.
House of Representatives will soon introduce a bill to increase U.S.
competitiveness with China and boost federal spending on semiconductors,
Speaker Nancy Pelosi said on Friday as the Biden administration seeks to boost
domestic chip production. Source Reuters Read
More
Click Here to Read
More News on Technology
PROSHARE FINANCE
How Ethical Funds Create Wealth and Economic Value in Nigeria - Ethical funds are catalysts for wealth creation and economic value for investors, especially in frontier markets like Nigeria. Dr. Yusuf Adeneye, Senior Lecturer, Universiti Malaysia Kelantan, made this point while explaining "Ethical Funds, Economic Growth and Public Goods from a Shariah Perspective." Source Bukola Akinyele-Yisau for WebTV Read More
Click Here to Read More News on Finance
WATCH THE LATEST VIDEO ON PROSHARE WEBTV
Related News
Signup with Facebook
Signup with Twitter
