What To Expect From The Markets This Week- 111217

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Saturday, December 09, 2017 08:00 AM / Proshare
 

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 Proshare Nigeria Pvt. Ltd.


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From the Editor’s Desk 

According to the Central Bank of Nigeria, the amount accrued to total remittances as at September 2017 stood at $381 million. When compared to the previous month, total remittances shrunk by 52.1%. This thus brings total remittances in 2017 to $4.893 billion making it 1.2% of Gross Domestic Product. 

Fig 1: Total remittances from July 2016 to Sept 2017

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Source: CBN 

Letters of credit also fell from $25.9 million in August to $12.99 million reflective of a 96.9% slump in letter of credit. The total cost tagged to letters of credit for the year 2017 stands at $278 million
 

Monday, December 11, 2017

#Africomm2017 - The 9th EAI International Conference on eInfrastructure and eServices for Developing Countries 

Tuesday, December 12, 2017

The National Environmental Standards and Regulations Enforcement Agency (NESREA)’s 11th National Stakeholders' Forum will commence today in Abuja, while the International Labour Organisation (ILO) launches the World Social Protection Report 2017-2019. 

Interlinked Technologies Plc and Premier Paints Plc will hold their Annual General Meeting today in Lagos & Ogun State, respectively. 

Wednesday, December 13, 2017

The House of Representatives of the Federal Republic of Nigeria will commence a public hearing on the NGO Bill today. 

Thursday, December 14, 2017   

Economic Associates (EA) will host its one-day quarterly conference on Nigeria’s Economic Outlook today in Lagos, while the 2017 Africa Fintech Foundry Disrupt Conference holds. 

Linkage Plc & SCOA Plc will hold their Annual General Meeting today in Lagos & Abuja, respectively. 

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Check out our Events Calendar for event details and follow us on Web, TV, APP and Social Media for updates as the week unfolds. Yours to Serve!
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Proshare Nigeria Pvt. Ltd.


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Previous Week(s)

1. What To Expect From The Markets This Week- 041217
2. What To Expect From The Markets This Week- 271117
3. What To Expect From The Markets This Week- 2011171. One-day Quarterly Conference on ‘Nigeria’s Economic Outlook’, to hold on 14 December 2017
2. INTERLINK declares N9.21 million loss in 2017 Audited result,(SP:N3.80k)
3. PREMPAINTS releases Q1'17 and Q2'17 results; declares N42.54mln Loss in Q2,(SP:N10.39k)
4. LINKASSURE Declares N2.45 bln PAT in Q3 2017 Result,(SP:N0.80k)1. NSEASI Dips by -0.70% to Halt Uptrend
2.Market Extends Six-Day Gaining Streak; NSEASI Inches Up by 1.17%
3.NSEASI Firms Up Further by 1.51%; Closes Above 39,000bpts
4.NSEASI Closes Above 38,000bpts as Market Maintains Uptrend
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