Lolade Odeyemi

Lolade Odeyemi

Naira
BUSINESS & ECONOMY COVER NEWSLETTER

    The Nigerian Naira on Tuesday, March 21, continued to recoup gain against the American Dollar at the parallel or black segment of the Nigerian foreign exchange market. The local currency appreciated by 5.81 per cent to ...
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BANKING & FINANCE COVER NEWSLETTER

  The Central Bank of Nigeria, CBN, on Tuesday, March 21, has made a decision to retain the monetary rate. The apex bank Monetary Policy Committee, MPC at its meeting made the decisions made to retain the Monetary ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

  Oil prices on Tuesday, March 21 surged following expectations that an OPEC-led output cut would be extended beyond June. Brent crude, the international benchmark for oil, was up 42 cents at $52.04 per barrel at 0907 GMT, ...
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FG proposes jail term for dollar hoarders
COVER FOREX NEWSLETTER

  The dollar, on Tuesday, March 21, was on the defensive in Asian trading, after Chicago Federal Reserve President Charles Evans reinforced the perception that the U.S. central bank won’t accelerate the pace of its interest rate hikes. ...
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Pound
FOREX NEWSLETTER

  The British Pound Sterling, on Tuesday, March 21, appreciated by almost 1 percent to its highest level in three weeks, after data showed British inflation in February above the Bank of England’s 2 percent target for the ...
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FOREX NEWSLETTER

  The European single currency, euro, on Tuesday, March 21, briefly leaped above $1.08 for the first time in six weeks. The euro was up 0.5 percent to $1.0794 by 0926 GMT. That pushed the index used to ...
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AUTOMOBILE NEWSLETTER

  German car manufacturer, Volkswagen’s profit slipped in 2016, showing the challenges still facing the world’s largest automaker 18 months after its emissions scandal. The German company said last month it made a record group operating profit in ...
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BUSINESS & ECONOMY NEWSLETTER

  Web-based currency, Bitcoin regained its footing in the new week, having suffered its biggest falls since early 2015 between Thursday and Saturday as investors sold the digital currency on worries about its future. Having soared to an ...
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MEDIA NEWSLETTER

  Owner of Snapchat, Snap Inc (SNAP.N) stock soared after it received its first “buy” rating from a Wall Street analyst following a $3.4 billion public listing this month that raised the eyebrows of many on Wall Street. ...
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capitalised stocks
BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

Transactions on the floor of the Nigerian Stock Exchange, NSE, on Monday, March 20, flagged off the new week in the Green for the fifth consecutive session. As such, the All Share Index appreciated by 0.07 percent, soaring ...
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Stock Market
BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

  Lead indices of the Nigerian Stock Market, All-Share Index and Market Capitalization jumped by 1.64 percent to close the week at 25,653.16 and N8.878 trillion respectively. All other Indices also finished higher during the week with the ...
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INTERNATIONAL NEWSLETTER

World stocks opened the week trading cautiously on Monday, March 20 after the G20’s decision to drop a pledge to avoid trade protectionism. Asian stocks were mixed, European stocks fell as much as 0.3 percent and U.S. futures ...
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CHEMICAL & PETRO-CHEMICAL COVER NEWSLETTER

Gold prices on Monday, March 20 hit a two-week high as the dollar held near five-week lows reached in the previous session. Spot gold rose 0.4 percent to $1,233.60 per ounce by 0310 GMT, after earlier touching $1,234.60 ...
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Pound
FOREX NEWSLETTER

The British Pound Sterling climbed a three-week high against a weaker dollar on Monday, March 20, as a bringing-forward of expectations for when the Bank of England will hike interest rates drove investors to reconsider their record-high bets ...
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FG proposes jail term for dollar hoarders
COVER FOREX NEWSLETTER

  The dollar, on Monday, March 20, slid for the fourth day running against the basket of currencies used to measure its broader strength. This came following the reaction to a G20 summit dominated by the Trump administration’s ...
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guinness
BUSINESS & ECONOMY NEWSLETTER

  The Nigerian Stock Exchange, NSE, has received the application of Guinness Nigeria’s right issue of N40 billion for approval and listing. The request to the Nigerian bourse follows shareholders’ approval given on the 24th of January at ...
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COVER NEWSLETTER OIL & GAS

Oil prices dipped more than 1 percent on Monday, March 20 as investors made record cuts to bets on rising prices after strong drilling data from the United States fed concerns about the effectiveness of OPEC-led production cuts ...
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NEWSLETTER OIL & GAS

The Nigerian National Petroleum Corporation, NNPC has said it will generate about 4, 000 megawatts of power in the next ten years to boost the supply in the country. The State-owned oil Corporation’s Chief Operating Officer (COO), Gas ...
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Stock Market
BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

Transactions at the Nigerian Stock Exchange, on Friday, March 17, trended upward with lead indices scooping gains. The All share index rose by 0.92%, gaining a total of 525.53 points last week to settle at 25,653.16 basis points, ...
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COVER NEWSLETTER OIL & GAS

    Oil prices, on Friday, March 17 slumped as the market seeks clues on how effectively OPEC production cuts are working to absorb a global supply overhang. Brent crude was down 10 cents, or 0.19 percent, at ...
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