April 29, 2024/United Capital Research Global Markets: A Return of Positive Sentiments for Risk Asset Classes Equities markets in the US managed to snap a string of three weekly losses as investors responded to the busiest week of the first-quarter earnings reporting. The positive earnings releases stimulated bargain hunting activities […]
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Dangote Cement Export of Clinker, Cement Increase by 87.2%
April 29, 2024/Dangote Group Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the export, for the first quarter of 2024 increased by 87.2 per cent at 264kt. While the company commissioned 10 of the 17 […]
Nigeria Likely to Fall to Fourth Largest Economy in Africa by 2024
April 26, 2024/FBNQuest Research Recent events highlight the impact of fiscal policies on Nigeria’s economy. Despite its past status as Africa’s largest economy, the Naira devaluation in 2023 saw Nigeria drop to third place, behind Egypt and South Africa. While the IMF forecasts a GDP growth of 3.34% in 2024, […]
