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  • Profile
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January 9, 2020

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Daily financial market update 2020 JAN 09

Daily Market ReportBy Samuel ObayomiJanuary 9, 2020

Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 2.92% to 29,395.57 Index Points and N15.164Tr respectively. Year-to-Date ASI is still at a positive of 9.51%. No of trade, Volume of trade and Value of trade all decreased by 12.96%, 6.56% and 19.22% to 6634…

Carney says BoE could cut interest rates if weakness persists

Market NewsBy Samuel ObayomiJanuary 9, 2020

UK Benchmark Interest rates are one of the main drivers of UK economy. A few policymakers on the Bank of England (BoE) interest rate-setting committee voted to decrease interest rates to 0.5% from 0.75% due to the current weak growth in UK’s economy. There is a chance that the bank of England will reduce its’…

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