Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.13% to 26,536.21 IndexPoints and N12.808 Tr respectively. Year-to-Date ASI is still at a Negative of 57%. Volume and Value of trade both decreased by 51.41% and 53.40% to 155.347 Million Volume of trade and N1.432…
UACN Cost Impediment a drag on Firms Profitability strive UACN is the second market player in the conglomerate sector of the NSE classification a position ascribed to the firm on the basis of its Total Asset and Equity as at 31st December, 2018 (Total Asset :Transcorp-68% & UACN-28% & Equities: Transcorp-56% & UACN -40%). Although…
US Consumer spending is one of the main drivers of US economy. US Retail sales increased by 0.2% in November 2019, Compared to November 2018, retail sales increased 3.3%. Consumer spending, which accounts for more than two-thirds of U.S. economy, grew at a 2.9% annualized rate in the 3rd quarter of 2019, while unemployment rate…
