gti

0 Views Oil rose on Thursday, with U.S. crude rebounding from near-20-year lows in the previous session on hopes that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand. Brent crude LCOc1 was up 69 cents, or 2.5%, at $28.38 a […]

0 Views World stock markets fell on Thursday, while bonds and the dollar held on to hefty gains, after a coronavirus-driven plunge in U.S. retail sales and factory production and increasing gloomy economic outlooks for Asia. U.S. retail sales fell the most on record last month, while manufacturing output fell by the most in 74 […]

31 Views The Nigerian equities market today (Wednesday), closed on a positive note, extending the previous positive sentiment to five consecutive trading day, with a gain of N343.96 billion (3.02%), following value appreciation on DANGCEM, ACCESS, ZENITHBANK and 25 others. Consequently, the market breadth closed positively, recording 28 gainers as against 11 losers.   NSE […]

2 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE SDNDEP 300 300 270 270 300 0 0 270 1 2120 572400 TOTAL TRANSACTION (1) 1 2120 572400 Read more https://gtigroupblog.com/daily-price-list-nasd-wednesday-15th-april-2020/

29 Views COMPANY PCLOSE OPEN HIGH LOW CLOSE CHANGE %CHANGE AVG PRICE TRADES  VOLUME  VALUE AFROMEDIA 0.34 0.34 – – 0.34 0 0.31 1 1 0.31 ABCTRANS 0.35 0.35 – – 0.35 0 0.38 2 100 38 ACCESS 6.55 6.55 7.1 6.55 7 0.45 6.87 6.9022940948362 215 7566056 52223143.65 AFRINSURE 0.2 0.2 0.2 0.2 0.2 […]Read More

66 Views Financial market managers have explained why the International Monetary Fund (IMF) did not not include Nigeria in the list of 25 poorest countries that benefited from its $785 million debt relief package announced yesterday. IMF Managing Director, Kristalina Georgieva, who approved the immediate debt relief fund, said it would be drawn form the […]

26 Views The International Monetary Fund on Tuesday said the recession caused by the COVID-19 pandemic would be the worst economic downturn witnessed since the Great Depression. According to the IMF, Nigeria’s economy will contract by 3.4 per cent in 2020, but rebound with 2.4 per cent growth in 2021. The Great Depression, a severe […]

6 Views The Presidential Enabling Business Environment Council has suspended the implementation of its 60-day National Action Plan due to the effect of COVID-19 on activities in the country  On February 5, 2020, PEBEC commenced its fifth 60-day NAP 5.0 aimed at the rapid implementation of targeted reforms for the improvement of Nigeria’s business environment. […]

11 Views The Central Bank Governor, Godwin Emefiele, has said that the country will support InfraCo Plc, a world-class infrastructure development vehicle with combined debt and equity capital of N15tn, as part of efforts to stimulate local production in the country. Emefiele in a document obtained by our correspondent on Tuesday was quoted as saying […]

4 Views Oil prices rose on Wednesday as investors looked for bargains after the previous session’s slump and on hopes that consuming countries will look to fill their strategic reserves, although oversupply fears and warnings of a deep recession capped gains. Brent futures LCOc1 were up 38 cents, or 1.3%, at $29.98 a barrel as […]

4 Views U.S. corporate debt has already rebounded on the back of the Federal Reserve’s unprecedented support for the market, but investors like PIMCO still see value in some top-shelf names, saying the risk of default is lower than current prices indicate. The Fed on March 23 announced it would for the first time purchase […]

7 Views The dollar nursed losses on Wednesday as investors cautiously returned to riskier currencies after U.S. President Donald Trump edged toward rolling back some restrictions put in place to contain the coronavirus pandemic. he greenback also remains under pressure following heavy measures by the Federal Reserve to boost dollar supply, however, analysts say it […]