August 23, 2024/Coronation Research Have you ever wondered how some investors build wealth that stands the test of time and grows steadily despite market fluctuations? The secret lies in mastering a diverse array of financial market instruments. These instruments, including stocks, bonds, mutual funds, and more, offer distinct advantages and […]
Author: InvestAdvocate
Composite PMI Contracts for the 13th Consecutive Month
August 2024/CSL Research The Central Bank of Nigeria (CBN) recently released the Purchasing Managers’ Index (PMI) survey for July 2024, covering three key sectors: Industry, Services, and Agriculture. The July 2024 composite PMI score was 49.7 points, indicating a contraction in economic activities. Typically, an index above 50.0 points signals […]
United Capital Weekly Pan African Monitor Friday 23-August-2024
August 23, 2024/United Capital Research Anglophone West Africa Nigeria Nigeria owes NNPC $4.9bn fuel debt The Federal Government owes the Nigerian National Petroleum Company Limited (NNPCL) almost half of what it plans to collect in revenues this year for the petrol subsidy it reintroduced in August last year. NNPCL is […]
