Month: August 2016

The ECB, Fed and mostly the BOJ, all did nothing during the recent round of central bank announcements, but hopes are high that the RBA will not disappoint tonight. The…

Submitted by John Whitehead via The Rutherford Institute, “The people who cast the votes decide nothing. The people who count the votes decide everything.”—Joseph Stalin, dictator of the Soviet Union…

Boko Haram suspect gunned down The Nigerian Army said on Monday it had thwarted an attack by Boko Haram in Yauri community in Borno state and killed five suspected terrorists.…

Last Friday, Dangote Sugar Refinery Plc (DSR) released its unaudited H1 2016 result wherein PBT and PAT rose 13.8% YoY and 16.9% YoY to N11.2 billion and N7.4 billion respectively.…

Mobil released its Q2 16 result where earnings of N2.6bn (+81.1%YoY) came in ahead of our estimates of N1.6bn. Strong earnings reflect sharp recovery (+80% YoY) in revenue to N27…

It is a generally accepted principle that banks tend to pursue improvement in operational efficiency as a way of buoying profitability amid a slow growing economy and increased uncertainty. Fidelity…

Note: Effective August 1, 2016, Nairametrics will begin publishing market prices of everyday select food and household items on a bi-weekly basis (every two weeks). We are commencing with available…

Oil today plunged unrestrained below $40 per barrel, taking oil prices down more than 20% from their high a little over a month ago. That officially defines a bear market…

What do you do when you are one of the biggest indices in Europe and are unable to rise simply because two of your biggest constituents, if not so much…

Disgraced Theranos CEO, who was recently barred from running a lab for 2 years, will make her first public appearance since a media onslaught against her by the formerly fawning…