Lolade Odeyemi

Lolade Odeyemi

Stock Market
BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

  Transactions at the Nigerian Stock Exchange, NSE,  opened the new week on Monday, July 17, on sustained bullish trend with a marginal growth of 0.12 per cent. As such, the All-Share Index which opened at 33,261.66 jumped by ...
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BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian Naira, on Monday, July 17, maintained momentum as activities kicked off for the new week at the parallel segment of the Nigerian foreign exchange market. The local currency stayed firm against rival currencies, Dollar, Pound and ...
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COVER NEWSLETTER OIL & GAS

Oil price on Monday, July 17, climbed above $49 a barrel, as a slowdown in the growth of rigs drilling in the United States eased concern that surging shale supplies will undermine OPEC-led cuts. Brent crude , the ...
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AUTOMOBILE NEWSLETTER

American, automobile manufacturer, General Motors Co (GM.N) over the weekend, said it was testing its car-sharing operation, Maven, in Australia through a pilot program with ride-hailing company Uber Technologies Inc [UBER.UL]. The leasing agreement will allow Uber drivers ...
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BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

Nigeria Equities Market closed last week with a bang, gaining 2.47 percent as the value of the lead indices of the bourse shot up. The All Share Index closed at 33,261.66 points as gain pushed the Market capitalisation ...
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delta airlines
AVIATION NEWSLETTER

Delta Airlines Inc (DAL.N)  reported a 21 percent dip in second-quarter profit because of sharply higher labor and fuel costs, despite higher passenger unit revenue, sending its shares down 2 percent. The stock drop reversed positive gains earlier in ...
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COVER NEWSLETTER OIL & GAS

  The Organization of the Petroleum Exporting Countries, OPEC’s compliance with production cuts fell in June to its lowest levels in six months as several members pumped much more oil than allowed by their supply deal, thus delaying ...
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Capital Market COVER NEWSLETTER

Global stock markets, on Monday, July 17,  were mixed after major Wall Street indexes hit new highs and China reported unexpectedly strong economic growth. In early trading, London’s FTSE 100 index rose 0.4 percent to 7,410.96 and France’s ...
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COVER FOREX NEWSLETTER

The American dollar, on Monday, July 17, dipped to a 10-month low against a basket of currencies, as investors cheered upbeat Chinese data by piling into leveraged positions such as the Australian dollar and other high-yielding currencies. The ...
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COVER FOREX NEWSLETTER

  The British Pound Sterling , on Monday, July 17, dropped back below $1.31, after hitt its highest levels in 10 months at the end of last week on a broad dollar sell-off. Traders were cautious as four days ...
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Oil Exploration Dangote
COVER NEWSLETTER OIL & GAS

Oil prices on Friday, July 14, soared in volatile trade as signs of strengthening demand was offset by still-high global stocks and concerns about economic growth. Benchmark Brent and U.S. WTI crude oil contracts were on track for ...
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Stock Market
BUSINESS & ECONOMY Capital Market COVER NEWSLETTER

  Trading activities at the Nigerian Stock Exchange, NSE, on Friday, July 14, closed the week in the green as with previous trading days on the bourse. The All-Share Index appreciated by 14.75 points or 0.04 per cent ...
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Naira
BUSINESS & ECONOMY COVER NEWSLETTER

The Nigerian Naira, on Friday, July 14, closed the week with an upswing at the Parallel Segment of the Nigerian Foreign Exchange market, making moderate gains against the United States of America Dollar. The local currency scooped 1 point ...
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Oil Exploration Dangote
NEWSLETTER OIL & GAS

World largest oil exporter, Saudi Arabia will cut crude oil shipments to its customers in August by more than 600,000 barrels per day to balance the rise in domestic consumption during the summer, while staying within its OPEC ...
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AVIATION NEWSLETTER

Qatar Airways, on Thursday, July 13, said the airline still planned to buy a stake in American Airlines despite the U.S. carrier ending a code-share agreement between the two companies. American Airlines on Wednesday said it was ending ...
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AUTOMOBILE NEWSLETTER

Mercedes-Benz’s registrations jumped 11 percent to 209,309 in June as demand for the new E-class and the automaker’s SUVs helped widen its global luxury-car sales lead over BMW in the first half of the year. Sales of BMW brand ...
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FG proposes jail term for dollar hoarders
COVER FOREX NEWSLETTER

The dollar extended its earlier decline against a basket of currencies on Friday, July 13,  as weaker-than-forecast data on consumer prices and retail sales in June raised doubts about U.S. economic growth. At 8:35 a.m. (1235 GMT), the ...
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BOI
COVER NEWSLETTER SOCIETY

Nigerians in 2016 alone, lost an estimated figure of over N11.9 billion to various ponzi schemes, the Central Bank of Nigeria, CBN has revealed. CBN Acting Director, Corporate Communications, Alhaji Yusuf Wali, warned Nigerians on the inherent danger ...
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Pound
COVER FOREX NEWSLETTER

The British Pound Sterling hit its highest point against the dollar in 10 months on Friday, July 14, soaring 1 percent after data further undermined expectations for more hikes in U.S. interest rates. After a rough start to the ...
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NEWSLETTER RETAIL

Giant e-commerce firm, Amazon.com Inc (AMZN.O) on Tuesday, July 11, said its Prime Day sale was on track to be the biggest shopping event in its history by sales. The world’s largest online retailer said customers ordered more ...
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