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  1. Edwin sylvester

    NSE index push

    Series of recovery has taken place with the nigerian economy and NSE index activities. There was an improvement in the level of activity at the Nigerian Stock Exchange (NSE) as the low prices of equities attracted investors to the market
  2. Edwin sylvester

    Two Nigerian banks attract investors

    Gt bank and access bank has bern trading with high equity on NSE floor which has drawn more investors to the banks. Access Bank emerged the most traded equity, trading 80.7 million units valued at N545.8 million, while GTBank followed with 41.9 million units worth N972.0 million.
  3. Edwin sylvester

    Naira drops by N5 value to dollar

    The Nigerian currency has not been able to frind a stable ground since the start of 2020, as it experience a N5 loss to the dollar on the black market. But still on the naira, the local currency closed flat against the Euro at N465/€1 while against the Pound, it appreciated by N5 to close at...
  4. Edwin sylvester

    BUA dividend to be paid on October

    BUN cement share holders are to recive N1.75 per share for 2019 accounting year. The companies financial report states the profit before tax jumped to N66.2 billion from N39.2 billion. However, the profit after tax depreciated to N60.6 billion from N64.1 billion, with the earnings per share...
  5. Edwin sylvester

    13 firms prohibited by NSE

    Nigerian stock exchange has placed embago on 13 firms, limiting their shares from been traded on NSE. This sanctions were placed due to the firms inability to release its financial report and earnings to the public. Now if you know much about stock exchange laws you would understand that this...
  6. Edwin sylvester

    US stocks suffer biggest fall in two years as Dow Jones plummets

    Worries about the impact of a tightening job market on the prospects for inflation and a surge in bond yields sent investors fleeing equities on Friday, with the Dow Jones Industrials Average swooning almost 666 points, for its biggest daily percentage loss in twenty months. It was the biggest...
  7. Edwin sylvester

    US arms companies see stocks soar after Soleimani assassination

    US arms companies see stocks soar after Soleimani assassination as analysts predict Iran conflict Killing of top Iranian commander sparks fears of all-out war with America Major US arms companies have seen their stock prices jump following the Trump administration’s assassination of Iranian...
  8. Edwin sylvester

    What you need to know about the coronavirus right now

    The World Health Assembly, the decision-making body of the World Health Organization, starts a two-day virtual annual meeting today, its first since the COVID-19 pandemic started. Global attention will be focused on calls for a review of the international response to the pandemic, supported by...
  9. Edwin sylvester

    Japan braces for worst postwar slump as pandemic tips economy into recession

    Japan’s economy slipped into recession for the first time in 4-1/2 years in the last quarter, putting the nation on course for its deepest postwar slump as the coronavirus crisis ravages businesses and consumers. Monday’s first-quarter GDP data underlined the broadening impact of the outbreak...
  10. Edwin sylvester

    European shares rise on economic awakening; oil and gold jump

    European stock markets rose on Monday and oil prices climbed to their highest in more than a month as a loosening of coronavirus shutdowns boosted market sentiment, even as the deadly outbreak has yet to be fully contained. Warm weather is enticing much of the world to emerge from coronavirus...
  11. Edwin sylvester

    To survive the next few months, you only need two assets

    Kee argues that a complicated and cumbersome portfolio, like some of the more popular ones with 20 or 30 stocks to keep track of, makes it tough to manage risk in a timely manner. “The ease of use of simplifying a portfolio so that it just tracks the market or goes to cash allows it to protect...
  12. Edwin sylvester

    Brent crude price increases

    On Monday morning, Brent crude gained about 3% percent to trade at $33.83 a barrel at 2.30 am Nigerian time, as world economies around the world re-opened businesses, coupled with the resumption of air travels around emerged markets.
  13. Edwin sylvester

    Beating market makers

    How can we beat the market makers who keep running with our money???!!!
  14. Edwin sylvester

    Bitcoin has halved

    The world’s most popular digital coin, Bitcoin successfully went through its third halving in its history on Tuesday, seeing its daily supply of new bitcoin reduced by half. Bitcoin halving cuts the reward for using bitcoin mining software to ‘mine’ bitcoin from 12.5 new bitcoins to 6.25...
  15. Edwin sylvester

    Oil price rejection after 5 weeks highs

    Just barely a few hours after crude oil prices rose to a near 5-week high, it recorded a downward slide due to concerns about the early easing of lockdown prompted by to need to contain the coronavirus pandemic in the U.S. There are fears that the early exit from lockdown could lead to a...
  16. Edwin sylvester

    AIICO Insurance growth

    AIICO Insurance Plc has increased its Profit after Tax (PAT) from N3.2 billion in 2018 to N5.9 billion as at the end of the 2019 financial year. This represents an 88% growth. The insurance company’s gross written premiums for FY 2019 also increased by 33% from N37.7 billion in 2018 to N50.1...
  17. Edwin sylvester

    UACN share movement

    It has been noted that the Director of UACN plc is moving millions of shares. What could be the effect of its share price this week?
  18. Edwin sylvester

    10 respected brokers in Nigeria

    Morgan Capital This company is one of the most popular among Nigerian investors and the reason is majorly because it charges very low brokerage fee. While its competitors charge the maximum 1.35 percent commission or slightly below for buying and selling of stocks, it chose to take a meagre...
  19. Edwin sylvester

    10 respected brokers in Nigeria

    Morgan Capital This company is one of the most popular among Nigerian investors and the reason is majorly because it charges very low brokerage fee. While its competitors charge the maximum 1.35 percent commission or slightly below for buying and selling of stocks, it chose to take a meagre...
  20. Edwin sylvester

    Nigeria equity current loss

    Equities in the nation’s stock exchange succumbed to selling pressure on Friday, depreciating by 1.27 percent at the close of transactions. It was the first loss on the Nigerian Stock Exchange (NSE) in 10 consecutive sessions. Selloffs in bellwether stocks contributed to the decline. The bears...