Updates

Nigerian forex reserves fall to $30.49 bln as of May 25: central bank

31/5/2017/Reuters Nigeria’s foreign exchange reserves fell to $30.49 billion as of May 25, the lowest level since April 18 and down 0.87 percent from a month ago, central bank data showed on Wednesday. The forex reserves were up 15.27 percent year-on-year, the data showed. Africa’s biggest economy shrank by 1.5 […]

Retail & Distribution Space to Converge Due to E-Commerce

Culled—Proshare May 31, 2017/Fitch Ratings The growth of e-commerce and the increasing emphasis on delivery speed as well as pick-up services for retail goods will likely precipitate a convergence of industrial distribution and retail real estate, according to Fitch Ratings. Ongoing changes for retail real estate and industrial/distribution space have […]

Disruptive Trends May Roil the Global Auto Industry

Culled—Proshare May 31, 2017/Fitch Ratings The global auto industry is ripe for disruption as a result of changing global demographics, increased urbanization, heightened environmental awareness, growing safety concerns and rapidly evolving technologies, according to Fitch Ratings. These changes are likely to create winners and losers and as technologies advance, there […]