Author: InvestAdvocate

Purchasing Managers’ Index Slows Down in July

August 5, 2024/CSL Research The Nigerian private sector contracted due to elevated inflationary pressures that dampened demand, leading to declining business activity and new orders in July 2024. The Stanbic IBTC Bank Nigeria PMI recorded a headline index of 49.2 in July 2024 from 50.1 recorded in June 2024 indicating […]

United-Capital-Research-Investment-Views-This Week 5th August to 9th August 2024

August 5, 2024/United Capital Research Global Markets: Negatively Skewed markets; Central Banks maintain dovish tilt. Last week in US markets, the falling  US labour market, mixed Technology earnings, US election risk and Middle East tensions drove price movements . The Q2 earnings season picked up with results from mega cap […]

Dangote Cement: Pan-African Revenue for Half-Year Grows by 139.9%

August 6, 2024/Dangote Group   Dangote has continued to attract huge forex into the country through his pan-African operations as the half-year result for Dangote Cement indicates an increase in revenue from Pan-African operations by 139.9 per cent, growing to N807.1 billion as against N336.4 billion, reported in the corresponding […]