January 5, 2017/InvestmentOne Research The Nigerian bourse shed -1.07% at the end of today’s session, closing negative for the third day in a row, following over 4% decline in DANGCEM(-345.8pts) as well as sell-offs in both GUINNESS (-18.19pts) and STANBIC (-18.34pts). This outcome dwarfed the recovery in Banking tickers; GUARANTY (+48.8pts), […]
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UK, China, South Africa downgrade calls loom for Moody’s
January 5, 2017/Reuters By Marc Jones LONDON (Reuters) – Moody’s is likely to make key rating calls on Britain, China and South Africa among others this year as rising political risk and debt levels push the number of countries on a downgrade warning back to a record high. From Europe’s […]
Nigerian union orders Total fuel depot strike over sackings
January 5, 2017/Reuters The Nigeria Union of Petroleum and Natural Gas Workers ordered on Thursday a strike at Total fuel truck depots across the OPEC member nation in protest against sackings. “We have stopped the operation of Total. We are at the table with Total discussing the situation of the […]
