July 15, 2021/United Capital Report Last week, the National Center for Disease Control (NCDC) announced that the “Delta” variant of Covid-19 had been detected in the country. The highly infectious nature of the variant suggests the increased possibility of a third wave of Covid-19 infections in Nigeria. On Tuesday 13th July, Nigeria recorded […]
OPINION/EDITORIAL
July 2021 YTD Performance: Lacklustre Showing by the Bourse
July 14, 2021/Proshare By FBNQuest Research The all-share index (NSEASI) has struggled this year in the absence of any positive support from either government policy or data releases. Its ytd decline of -6.0% compares with gains of 4.6% posted by Nairobi (NSE20) and 13.3% by Jo’burg (all-share index). As the […]
Q2 2021 Economic Review – Strengthening Economic Recovery: The Need for Speed and Urgency
July 14, 2021/Proshare By FSDH Research FSDH Macroeconomic Projection for 2021 Growth at 1.3% Inflation Rate at 16.6% External Reserves at US$34 billion Average Exchange Rate at N430/US$ IMF updates global GDP growth projection for 2021 to 6% The International Monetary Fund (IMF) in April revised upwards its projection […]
