Updates

EDGE Announces Strategic Agreement with Israel Aerospace Industries to Develop Advanced Counter UAS Solution

Collaboration marks new era of cooperation between UAE, Israel March 11, 2021/Aetoswire EDGE, the UAE’s advanced technology group for defence and beyond, today agreed on a memorandum of understanding (MoU) with Israel Aerospace Industries (IAI) – Israel’s major aerospace and aviation manufacturer, to develop an advanced C-UAS (Counter-Unmanned Aircraft System) […]

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.02% Dragged by Banking, Oil & Gas Counters

March 11, 2021/InvestmentOne Update ASI as at 12.00pm: -0.02%. Market movers: JAIZBANK (-8.82%), AFRINSURE (-8.33%), SMURFIT (+10.00%) and CHAMPION (+10.00%). Sector Performances: Banking (-0.16%), Oil & Gas (-0.03%), Consumer Goods (+0.05%) and Industrial (+0.01%). Market activity: In today’s early trade, investors have traded about 74million units of shares worth N678million. AIICO (+2.56%) is […]

Q4 2020 Foreign Trade Report: Recovery Not Enough

March 10, 2021/Proshare by CSL Research This week, the National Bureau of Statistics (NBS) released its Q4 202o foreign trade report. In the release, total trade (Import + Exports) grew 8.9% q/q to N9.12trn but declined 9.9% y/y (Q4 2020 compared with Q4 2019). On an annual basis, total trade […]