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Intraday Update: Nigerian Stocks Gain +0.38%, Buoyed by Blue Chips

May 2, 2024/InvestmentOne Update ASI as at 12.00pm: +0.38%  Top Gainers and Losers: FLOURMILL (+10.00%), PRESCO (+10.00%), NASCON (-9.99%) and UPL (-9.29%).  Sector Performances: Banking (+2.24%), Consumer Goods (+0.61%),  Oil & Gas, and Industrial.  Market activity: In today’s trade, total volume and value both declined by 22% and 39% respectively, […]

Asia’s Growth and Inflation Outlook Improves, but Risks Remain

(Credit: estherpoon/iStock by Getty Images) April 30, 2024/IMFBlog By Krishna Srinivasan The outlook for Asia and the Pacific in 2024 has brightened: we now expect that the region’s economy will slow less than we previously projected as inflation pressures continue to dissipate. We have raised our regional growth forecast for this year […]

The $10Bn Nigeria Diaspora Fund

April 29, 2024/CSL Research The Federal Government has unveiled plans to establish a Nigeria Diaspora Fund worth US$10 billion aimed at attracting foreign investments into the country. Led by the Federal Ministry of Industry, Trade, and Investment (FMITI), this initiative stems from thorough discussions with capital market experts and investment […]