Nigeria in 1min: Economic, Business and Financial Headlines – 010319

Proshare

 Friday March 01, 2019 / 7:00 AM / Proshare News

 

 

Click Here To Read Latest Updates

 

PROSHARE ECONOMY

A Predictive Model for Inflation in Nigeria - Inflation is defined as a sustained increase in the overall price level over time. During periods of high inflation, the value of the domestic currency diminishes which negatively affects the economy (Folorunso and Abiola, 2000). Source CBN Read More 

FG Unveils $48bn Oil, Gas Investment Opportunities In UK - The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, while speaking at a panel session on the topic “Insights on Future Exploration Hotspots: Opportunities for Africa’s Oil & Gas Industry” under the sub-theme “The New Frontier for Africa’s Oil & Gas” at the 2019 International Petroleum Week  Conference in London, called on potential investors to latch in on the various opportunities within Nigeria. Source Sun Read More 

 

Click Here to Read More News on Economy 

 

Proshare Nigeria Pvt. Ltd. 

 

PROSHARE MARKETS

NSE Places The Shares of Newrest ASL Plc on Full Suspension - Further to the Market Bulletin of 19 February 2019, with reference number: NSE/RD/LRD/MB14/19/2/19, wherein the market was notified of the application filed by Newrest ASL Nigeria Plc (Newrest ASL or the Company) for voluntary delisting of the entire 634,000,000 ordinary shares of the Company from the Daily Official List of The Exchange. Source NSE Read More 

The Nigerian Downstream Oil and Gas Sector Update - In Dire Need of Complete Deregulation- The Nigerian downstream sector broadly categorised into the refining and marketing segments of petroleum products have continued to underperform despite opportunities for growth. Source Afrivest Research Read More 

On the Efficiency of Stock Markets: A Case of Selected OPEC Member Countries - The world market is witnessing progressive growth in recent times, evidenced by the world GDP growth rising from 2.0 percent in 2015 to 2.4 percent in 2016 and then to 3.0 percent in 2017 with an estimated growth of 3.1 percent in 2018 (World Bank, 2018). Source CBN Read More 

Investors Lose N195.98bn As NSEASI Closes Below 32,000bpts - Equities market closed today on a negative note, as NSEASI depreciated by -1.63% to close at 31,718.70basis points as against -0.71% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +0.92%. Source Proshare Markets Read More 

Post -Election: Where Are Fixed Income Yields Headed? - Following the successful re-election of President Muhammadu Buhari into office this week, it appears that the macroeconomic landscape for the rest of the year seems unchanged from 2018 with the obvious deviation being the prospect for a lower crude oil price this year, in our view. Source ARM Research Read More


Click Here to Read More News on Markets

 

Proshare Nigeria Pvt. Ltd.

 

PROSHARE BUSINESS  

Domestic Flight Operations Rise By 23% - Domestic flight operations rose by 23.7 per cent in 2018, figures obtained from the Nigerian Civil Aviation Authority have shown.The figures obtained by our correspondent showed that domestic airlines operated 59,818 flights from January to December 2018, compared to 48, 319 flight operations recorded in 2017. Source Punch Read More

Operators Invest N636bn Pension Funds In Banks - The Pension Fund Administrators have invested N636.99bn out of the total pension funds in their custody in banks as of the end of November 2018. Source Punch Read More 


Click Here To Read More News on Business

 

Proshare Nigeria Pvt. Ltd.

 

PROSHARE TECHNOLOGY

Digital payments Driving Social Media Conversations – Mastercard - The Sixth Mastercard Digital Payments Study has revealed that conversations around digital payments were increasingly gaining ground as 27 per cent of the total social media mentions in 2018 were on mobile payments. Source Leadership Read More

 

Click Here to Read More News on Technology

 

Proshare Nigeria Pvt. Ltd.


PROSHARE FINANCE 

Assessing Efficiency in the Pharmaceutical Sector of Nigeria - The pharmaceutical sector in any economy plays a prominent role in the general health of citizens residing in the country. Source CBN Read More

 

Click Here to Read More News on Finance 

 

WATCH LATEST VIDEO ON PROSHARE WEBTV  

 

Proshare Nigeria Pvt. Ltd.

 

Click Here To Watch More Videos

READ MORE:
Related News
SCROLL TO TOP