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FSDH Top Picks: Global Equities March on as Domestic Market Falters in February

March 5, 2024/FSDH Research Nigerian Equities: Stocks retreat in February as monetary policy landscape changes Following the strong start to 2024, Nigerian equities retreated in February despite racing to record highs at the start of the month. In February, the benchmark NGX-All Share Index (NGX-ASI) rose to an all-time high […]

Nigerian Equities Extend Gain +0.4%, Driven by FBNH, Transcorp

March 5, 2024/Cordros Report EQUITIES The Nigerian equities market extended yesterday’s positive sentiment following bargain hunting in FBNH (+9.9%) and TRANSCORP (+10.0%). Specifically, the All-Share Index notched a 0.4% gain to close at 99,190.46 points. Consequently, the Month-to-Date and Year-to-Date returns settled at -0.8% and +32.7%, respectively. The total volume […]

Beyond Efficiency: A More-human Economics

(Credit: kehinde/AdobeStock) March 5, 2024/IMFBlog By Gita Bhatt John Maynard Keynes, memorializing the death of his mentor Alfred Marshall a century ago, wrote that the “master-economist must possess a rare combination of gifts…. He must be mathematician, historian, statesman, philosopher.” Keynes might have been describing himself. He considered economics a moral […]