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Lolade Odeyemi

Lolade Odeyemi

COVER MANUFACTURING NEWSLETTER

The Management of Dangote Cement Plc is making plans to issue commercial papers worth N150 billion. The papers would be listed on the trading platform of FMDQ, the cement manufacturer disclosed in a statement. According to the statement, ...
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FOREX NEWSLETTER

Investors raised their short positions in Asian currencies over the past month, a Reuters poll showed, with bets on the Chinese yuan turning bearish for the first time in over a year as Sino-U.S. trade tensions intensified. An ...
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BUSINESS & ECONOMY COVER NEWSLETTER

The treasury bills market traded flat with the average yields slightly appreciating by 0.09 percent, on Wednesday, with yields ending at 13.01 percent. The treasury bills market remained held by the tight liquidity conditions in Naira market. However, the yields ...
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Naira unaffected by Trump’s victory
BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian Naira on Thursday, June 28, was down against the United States of America Dollar at the parallel segment of the Nigerian Foreign Exchange Market. The Naira closed at the rate of N361 against the greenback from the ...
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BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

The Nigerian Stock Exchange, NSE, on Thursday, June 28, maintained its path down south for the fourth trading session of the week, further shrinking value of the bourses’ lead indices. Consequently, the NSE All Share Index, ASI depreciated ...
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Oil
COVER NEWSLETTER OIL & GAS

Oil prices steadied on Thursday, June 28,  with U.S. crude pulling back from 3-1/2-year highs, but supply remained tight with investors concerned by the prospect of a big fall in crude exports from Iran due to U.S. sanctions. ...
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COVER FOREX NEWSLETTER

The European single currency, Euro,  on Thursday, June 28, traded 0.2 percent higher at $1.1572 per dollar. Against the British Pound sterling, the euro hit a near two-month high at 88.40 pence. The British currency tumbled by 0.4 ...
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stock market
BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

Global stocks slipped to approach two-month lows on Wednesday, June 27. Meanwhile, a 2 percent slide in Chinese equities on and a fresh weakening in the yuan highlighted mounting stress on the world’s number two economy from trade ...
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Oil
INTERNATIONAL NEWSLETTER OIL & GAS

Removing Iranian oil from the global market by November as called for by the United States is impossible, an Iranian oil official told the semi-official Tasnim news agency on Wednesday. “Iran exports a total of 2.5 million barrels ...
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COVER FOREX NEWSLETTER

The European Single Currency, euro, rebounded on Wednesday, June 27, as concerns about an escalating trade conflict held back the dollar, while traders said markets needed clarity on a developing political crisis in Germany and an EU summit ...
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Oil
COVER NEWSLETTER OIL & GAS

Oil prices leaped on Wednesday , June 27, on a supply disruption in Canada, falling U.S. crude stocks, uncertainty over Libyan exports and after U.S. officials told importers to stop buying Iranian crude from November. Brent crude LCOc1 ...
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Pound
COVER FOREX NEWSLETTER

The British Pound Sterling slumped to an 11-day low versus the euro on Wednesday, June 27, as traders positioned for a speech by the Bank of England’s governor, hoping for further clues as to whether the central bank ...
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BUSINESS & ECONOMY COVER NEWSLETTER

The money market rates appreciated by 0.20 percent on Tuesday, with system liquidity (estimated at N200 billion positive) skewed towards a fewer number of banks. Specifically, the Open Buy Back, OBB rate leaped to 31.57 percent from 11.33 ...
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Gold
CHEMICAL & PETRO-CHEMICAL COVER NEWSLETTER

Gold prices, on Wednesday, June 27,  rested near a more than six-month high low hit in the previous session, as the dollar firmed amid easing risk aversion and expectations of further interest rate hikes by the U.S. Federal Reserve. Spot gold ...
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Dollar
COVER FOREX NEWSLETTER

The United States of America dollar, on Wednesday, June 27, held steady against a basket of currencies, its earlier bounce from two-week lows flagging amid lingering trade conflict concerns. The dollar index against a basket of six major currencies was ...
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Naira unaffected by Trump’s victory
BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian Naira on Wednesday, June 27, took a massive leap against the United States of America Dollar at the Parallel segment of the Nigerian Foreign Exchange market. The local currency gained impressive momentum to exchange at the ...
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BUSINESS & ECONOMY COVER NEWSLETTER

Treasury bills yields saw moderate jump by 0.13 percent to settle at 13 percent on the average on Tuesday. This came on the heels of the bearish mood of the market following selloff, mostly on the shorter end of ...
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Nigerian Stock Exchange
BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

The management of Nigeria’s Securities and Exchange Commission, SEC, has announced date of its next Capital Market Committee, CMC meeting. A statement issued by the apex capital market regulatory agency in Nigeria disclosed that the important meeting will ...
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Equities Market bearish bullish
BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

Trading activities on the floor of the Nigerian Stock Exchange, NSE, on Wednesday, June 27, collapsed further, driving down value of lead indices. As such, the NSE All Share Index, ASI, which opened at 37,988.54 points lost 26.41 ...
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COVER NEWSLETTER SPORTS

Australia has been sent packing from the 2018 FIFA World Cup after bowing to 2-0 loss to the already-eliminated Peru to finish bottom of Group C. Peru opened the scoring through Andre Carrillo, who lashed home a superb ...
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