June 30, 2022/IMF IMF COUNTRY FOCUS Photo: Ozbalci & unsplash / simonsun2017 By Nicolas Blancher As inflation soars around the world, central banks are racing to tighten monetary policy to deliver on their mandates of maintaining price stability. In Kazakhstan, raising interest rates has proved essential to avoid a spiral of […]
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ETI, FBNH, GTCO Drags Nigerian Bourse to Closer Flat at 51,802.48 Points
June 29, 2022/Cordros Report EQUITIES The local bourse traded with mixed sentiments as losses in GTCO (-1.0%) and ETI (-2.7%) offset a gain in FBNH (+1.8%). Thus, the All-Share Index traded flat at 51,802.48 points with the Month-to-Date loss and Year-to-Date return unchanged at -2.2% and +21.3%, respectively. The total […]
United Capital Research Investment Views This Week 27th June 2022 to 1st July 2022
June 27, 2022/United Capital Research Macro Highlights and Outlook The Federal Government and the Nigerian Export-Import Bank (NEXIM) have signed a $40.0mn intervention fund for women in the Oil and Gas sector to increase women’s participation. This fund is made available through the NCDMB-NEXIM bank collaboration and the $300.0mn Nigerian […]
