Lolade Odeyemi

Lolade Odeyemi

stock market
BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

Stock trading at the Nigerian Stock Exchange, NSE, in August 2017 saw healthy rally as total foreign transactions clmbed significantly by 244.36 percent from N60.50 billion recorded in July to N208.34 billion. The NSE’s latest FPI report for ...
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Stock Market Investors Lose N383bn In October
BUSINESS & ECONOMY Capital Market COVER

Transactions on the floor of the Nigerian Stock Exchange, NSE, on Tuesday, October 24, closed positive with the lead indices adding 0.33 per cent after dropping a two-day loss. Consequently, All-Share Index improved by 118.89 points or 0.33 ...
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MEDIA NEWSLETTER

NetflixInc added more subscribers than expected around the world in the third quarter and projected growth in line with Wall Street forecasts, saying it had a head start on rivals as internet television explodes globally. Shares of the ...
Comments Off on Netflix Adds More Subscribers than Expected, Shares Hit Record
CBN Forex
COVER FOREX NEWSLETTER

  The Central Bank of Nigeria, CBN, injected 195million dollars into the inter-bank Foreign Exchange(Forex) Market as the new week kicks off. Mr Isaac Okorafor, the Bank’s Acting Director in charge of Corporate Communications said this in a ...
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BUSINESS & ECONOMY COVER NEWSLETTER

The Federal Government of Nigeria, FGN, through the Debt Management Office, DMO, will on Wednesday, October 25, 2017,conduct a bond auction exercise at the domestic market. The debt office would be hoping to raise between N90 billion and ...
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NEWSLETTER OIL & GAS

U.S. oil major Chevron has approved an investment to increase output from its Captain oilfield by using a new water-injection technology for the first time in the North Sea, the company said on Friday. Six long-reach horizontal wells ...
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Uncategorized

Transnational Corporation of Nigeria Plc, Transcorp, has announced financial results for its third quarter, ended September 30, 2017, showing a Profit After Tax (PAT) for Q3 2017 rising by 158 per cent to N8.2 billion. The conglomerate’s income ...
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Standard Chartered, Citigroup, others to issue $1b Eurobond in Jan.
BUSINESS & ECONOMY COVER NEWSLETTER

Prices of FGN bonds appreciated for shorter maturities at the Over-the-Counter (OTC) market last week. Specifically, the 5-year 14.50 percent FGN JUL 2021 paper increased by N0.31, while the 10-year 16.39 percent FGN JAN 2022 decreased by N0.37. ...
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BOI
BANKING & FINANCE COVER NEWSLETTER

The total value of federal government’s Value Added Tax (VAT) collections leaped by N41.53 billion in the second quarter of 2017. The Sectoral distribution of VAT data for Q2 2017 released by the National Bureau of Statistics (NBS) ...
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AVIATION NEWSLETTER

Giant Aircraft manufacturer, Boeing Co and Japan’s Mitsubishi Heavy Industries Ltd (MHI) announced they have agreed on steps to reduce the cost of producing the wings of the 787 Dreamliner. MHI is the sole supplier of the 787 ...
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BUSINESS & ECONOMY NEWSLETTER

Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion. Yet for all the hype, mainstream ...
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NEWSLETTER SCIENCE AND TECHNOLOGY

China said it has approved HP Inc’s (HPQ.N) $1.1 billion purchase of Samsung Electronics’ (005930.KS) printer business with certain restrictions, citing concerns about the U.S. firm’s dominance of the domestic laser printer market. HP announced the deal in ...
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Gemalto
IT/TELECOM NEWSLETTER

Nigeria has invested over $60 billion (about N1.862 trillion) in the ICT sector since 2001 when digital mobile services were launched, the Minister of Communications, Barrister Adebayo Shittu, has revealed. Shittu, while delivering a keynote speech at the ...
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NEWSLETTER OIL & GAS

Chevron Corp may miss its mid-October target for closing the agreed $2-billion sale of its natural gas assets in Bangladesh to a Chinese consortium, as Dhaka weighs the prospect of a counterbid, people with knowledge of the matter ...
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AVIATION NEWSLETTER

Shares in Airbus slumped on Monday, October 9 with traders attributing the decline to comments from the company’s chief executive who had warned of turbulent times ahead for the European planemaker. Airbus shares, which had hit a record ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

Oil prices climbed higher on Monday, October 23, over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. Brent crude futures were at $57.87 at ...
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Nigerian Bussinessmen
Capital Market COVER NEWSLETTER

Global stocks surge to an all-time high on Monday, October 23,despite an escalation of Spain’s constitutional crisis that weighed on the country’s banks. Fresh optimism about tax cuts in the United States had pushed Wall Street to a ...
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LaFarge
COVER MANUFACTURING NEWSLETTER

Lafarge Africa Plc, in its latest financial results for the third quarter and 9-month period ended September 2017 showed four-fold spike in operating margins to N41.7 billion with margins stable at 30 per cent. The CEO of Lafarge ...
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COVER NEWSLETTER OIL & GAS

Indigenous oil and gas exploration and production firm, Seplat Petroleum Development Company Plc, has released its financial statements for the first nine months of 2017. In the company’s financial results released, it posted a loss of N1.6 billion ...
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FG proposes jail term for dollar hoarders
COVER FOREX NEWSLETTER

The United States of America dollar touched a three-month high against the yen on Monday, October 23, with an emphatic election victory for Japan’s ruling party keeping yen-weakening stimulus measures at the heart of government policy. The greenback ...
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