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The Saudi Dilemma: To Cut or Not To Cut

Culled—Proshare December 4, 2018 By Irina Slav for Oilprice.com To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year’s December OPEC meeting. It seems like just yesterday when OPEC met in 2016 and […]

Intraday Update: Stocks Rise +0.29% on Gains in Banking, Consumer Counters

December 4, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Stocks as at midday Tuesday is up +0.29 percent on gains in Banking, Consumer Goods names. InvestmentOne update reports that market movers are insurer, Axa Mansard Insurance Plc and Diamond Bank Plc; both have appreciated +9.89 percent and +9.86 percent each, while on […]

Yields Continue to Rise as CBN Maintains Rates at 3rd Consecutive OMO Auction

Culled—Proshare December 4, 2018/Zedcrest Capital KEY INDICATORS Indicator Value Commentary Inflation 11.26% As at November 21, 2018. A c.2bps down from 11.28% recorded in September 2018 MPR 14.00% Left Unchanged for the 12th Consecutive Time at the Nov. 22, 2018 MPC Meeting External Reserves $42.17bn As at November 30, 2018. […]