Culled—Proshare October 20, 2017/News The Financial Conduct Authority (FCA) has today published a report outlining how the regulatory sandbox (sandbox) has met its objectives over the first year of operation. The sandbox was established to support the FCA’s objective of promoting effective competition in the interests of consumers. The sandbox enables firms to test innovative products, services or […]
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A Woeful Performance from the Refineries
Culled–Proshare October 17, 2017/FBNQuest Research In July the NNPC’s operating deficit doubled from N5.2bn the previous month to N11.9bn (US$39m). A profit before central costs and ventures from production (N15.4bn) was inadequate to cover losses from refineries (N8.5bn) and retail/marketing (N7.2bn). The corporation’s Financial and Operations Report for July notes […]
Gold holds above $1,300 but firm dollar weighs
16/10/2017/Reuters Apeksha Nair Gold steadied above a key psychological level of $1,300 on Monday, buoyed by worries over Iran, while a firmer dollar weighed on sentiment. Spot gold was unchanged at $1,304.86 an ounce as of 0734 GMT, while U.S. gold futures for December delivery were up 0.2 percent at […]
