July 1, 2024/United Capital Research Global Markets – Mixed Sentiments Toward Risk Asset Classes Last week, most major U.S. stock indexes posted gains in a light news week during what seemed to be a bit of a lull in market activity ahead of second-quarter earnings reports. The banking sector featured […]
Updates
Renewed Interest in SEPLAT, TRANSCOHOT Drives NGXASI to +0.3% Weekly Gain
This week, the local bourse closed in the green as bullish sentiments dominated trading activities in three out of the five trading sessions. June 28, 2024/Cordros Report Global According to the Bureau of Labor Statistics (BLS), the United States Personal Consumption Expenditures (PCE) price index eased by 10bps to 2.6% […]
Nigeria Proposes to Run Four Budgets Simultaneously – An Anomaly with No Precedence
June 28, 2024/BudgIT BudgIT, a leading civic-tech organisation promoting transparency, accountability, and effective service delivery in Nigeria, has decried the proposed elongation of the implementation period for the 2023 Approved Budget and 2023 Supplementary Budget from the proposed termination date of December 31, 2023, to December 31, 2024. Recall that […]
