Lolade Odeyemi

Lolade Odeyemi

Pound
COVER FOREX NEWSLETTER

The British Pound Sterling, on Thursday, August 17, edged past 91 pence per euro after a mixed batch of UK retail sales on Wednesday helped the pound pull away from 10-month lows hit a day earlier. Month-on-month the sales ...
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Blue chips
Capital Market COVER NEWSLETTER

The Nigerian Stock Exchange, NSE, on Wednesday, August 16, closed in the red owing to the relentless bull run that has pressured stocks for some days now. As such, the All-Share Index, ASI, shed 2.68% below the 37,000 mark, ...
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COVER NEWSLETTER OIL & GAS

Oil prices on Wednesday, August 16, inched higher by hopes U.S. crude inventories declined for a seventh straight week, although markets were still restrained by excess supply. Brent crude futures LCOc1 were at $50.98 per barrel at 1230 ...
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CHEMICAL & PETRO-CHEMICAL COVER NEWSLETTER

Gold prices slipped on Wednesday, August 16,  as the dollar steadied, with investors awaiting minutes from the US Federal Reserve’s last meeting in July for clues on the pace of potential interest rate hikes. Spot gold had slipped 0.2 ...
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Oil
COVER NEWSLETTER OIL & GAS

Federal Government has between $3 and $5 billion following the review of oil and gas projects’ contracting cycles, renegotiation of arrears of Joint Venture (JV) cash call debts to international oil companies (IOCs) which would have been spent ...
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INTERNATIONAL NEWSLETTER

Americans’ debt level reached another record high in the second quarter, after having earlier in the year surpassed its pre-crisis peak, on the back of modest rises in mortgage, auto and credit card debt, where delinquencies jumped. Total U.S. ...
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COVER IT/TELECOM NEWSLETTER

The 12 commercial banks that gave loan to the tune of $1.2 billion to 9Mobile are setting aside a large part of the debt from their books ahead of the December 31 end-date for the fiscal year. The telecommunications ...
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NEWSLETTER SCIENCE AND TECHNOLOGY

Gadget giant manufacturer, Apple Inc plans to sell C$2.5 billion ($1.96 billion) in bonds in a Canadian dollar-denominated issue, which would be a record amount for a foreign issuer in Maple bond market, Thomson Reuters IFR reported on ...
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COVER NEWSLETTER OIL & GAS

  The National Petroleum Investment Management Services, NAPIMS, an arm of the Nigerian National Petroleum Corporation, NNPC,has revealed that the agency has trimmed the cost of crude oil production from $78 per barrel as at August 2015 to $23 per ...
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CHEMICAL & PETRO-CHEMICAL INTERNATIONAL NEWSLETTER

India has banned the export of gold products with a purity above 22 carats in a move a trade group said was a bid to curb a practice known as “round tripping”. The Directorate General of Foreign Trade ...
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Pound
COVER FOREX NEWSLETTER

The British Pound Sterling, on Wednesday, August 16, recovered from its lowest levels against the euro in 10 months after data showed wages rising faster than expected in the three months to June, closing the gap to headline ...
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FG proposes jail term for dollar hoarders
COVER FOREX NEWSLETTER

  The United States of America dollar, on Wednesday, August 16, held near a three-week high against a trade-weighted basket of its rivals as strong U.S. retail sales data boosted risk appetite. “The North Korea missile fears seems ...
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COVER FOREX NEWSLETTER

The European Single Currency, Euro, on Wednesday, August 16, held near the day’s lows after sources signaled European Central Bank chief Mario Draghi would not use his Jackson Hole appearance to signal policy change by the bank. The ...
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indices
BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

Trading activities at the Nigerian Stock Exchange, NSE, moved farther south on Tuesday, August 15, as value of benchmark indices dropped. As such, the All Share Index closed at 37.096.60 which is 2.25% lower than the previous session’s 37,950.96. ...
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Nigeria aims to boost oil production by 500,000 bpd by 2020
COVER NEWSLETTER OIL & GAS

  World oil demand will grow more than expected this year, helping to ease a global glut despite rising production from North America and weak OPEC compliance with output cuts, the International Energy Agency said on Friday. The ...
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BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

Market capitalisation of the Nigerian Equities Market, on Tuesday, August 15, lost N201 billion in five hours of trading. Market capitalisation on the bourse, which had hit the N13 trillion mark last week for the first time since October 2014, ...
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GTBank
BANKING & FINANCE COVER NEWSLETTER

Guaranty Trust Bank plc has recorded positive growth across all key financial metrics and improved strategic positioning of the brand as revealed in its audited financial results for the half year ended June 30, 2017 released to the ...
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COVER FOREX NEWSLETTER

The European Single Currency, Euro, on Tuesday, August 15, depreciated by 0.4 percent at $1.1733. The slump in the Euro helped push the dollar index .DXY, which measures the greenback against a basket of currencies, up 0.4 percent. ...
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COVER FOREX NEWSLETTER

Oil prices, on Tuesday, August 15, steadied after a heavy sell-off following a surge in the dollar, and weighed down by signs of weaker demand in China, the world’s second-largest consumer. Benchmark Brent crude LCOc1 was unchanged at ...
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FG proposes jail term for dollar hoarders
COVER FOREX NEWSLETTER

The United States of America Dollar, was on Tuesday, August 15, surged, buoyed against the yen and the Swiss franc. The dollar index rose 0.4 percent in morning trade in Europe and the U.S. currency was similarly higher ...
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