Get all the latest information on businesses and companies in Nigerian Stock Exchange.
In: CBN
12 Mar 2009<a href=”http://www.economist.com/world/mideast-africa/displaystory.cfm?story_id=13278805″>The Economist </a>magazine had an article on the Nigerian economy today. They had this revealing excerpt regarding the banking sector:
In: Economy
12 Mar 2009The Wall Street Journal had an article in today’s edition on Nigeria’s economy and it isnt pretty. You can read below:
Here are the market reports from Forte Assets and FSDH for the week ended March 6th:
Courtesy of Investor Delight, here is he market report for the week ended March 6th, 2009:
Below is Afrinvest’s bi-weekly market report for the period ended Feb 27th.
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Also below is FSDH’s analysis of Guiness’ Q2 2008 results.
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In: Market Analysis
5 Mar 2009While I have been supportive of the CBN’s “interventions” in the stock exchange, I think at the end of the day, they might have to relax the regulations on the FOREX tradings.
The Naira has lost clost to 50% of its value in the last 4 months.
My main reason for the need for relaxing of the regulations is its effects on the banks. Banks make up a huge chunk of the Nigerian Stock Exchange and are a major employer of labour. When you think of it, banks as a whole, will be the second largest employer of labor after the government (federal and state).
Below are the weekly reports from Investor Delight, Forte Assets, FSDH, and Zenith Securities:
Here is the stock market report for the week ended February 27th 2009:
This blog is dedicated to informing users on the latest business and economic news news from the CBN and Nigerian Stock Exchange. Happy reading!