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Nigeria: Investors Stake N279.12 Billion On 25.93 Billion Shares in First Quarter of 2015
April 8, 2015--Investors on the Nigerian Stock Exchange (NSE) staked N279.12 billion on 25.93 billion shares traded in 261,116 deals in the first quarter of 2015.
Statistics released by the NSE yesterday in Lagos showed that the market declined in volume and value as 27.9 billion shares worth N302.99 billion was achieved in 270,236 deals in the last quarter of 2014.
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Source: allAfrica.com
SA stocks end higher, MTN among top gainers
April 7, 2015--SA stocks have ended higher, following in the footsteps of major overseas markets,
with MTN among the top gainers as the West prepares to lift sanctions against Iran.
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Source: FIN24
Rand eases, ending US payroll rally
April 7, 2015--The rand has weakened, pulling back from a month-high as the US dollar regained its footing
following steep losses triggered by soft jobs numbers.
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Source: FIN24
Kumba tumbles as SA stocks ease ahead of Easter weekend
April 3, 2015--SA stocks eased ahead of two public holidays, with investors cautious in advance of US non-farm
payrolls data, which will help set the tone for next week.
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Source: FIN24
JSE moves sideways as Easter approaches
April 2, 2015--The only bit of action on the JSE has been in the gold sector,
as the market slows down in anticipation of the Easter weekend.
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Source: FIN24
Rand strengthens to 1-week high versus dollar
April 2, 2015--The rand has firmed to a new one-week high against the dollar as the greenback softened ahead of widely
watched US employment data.
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Source: FIN24
JSE resources drop on commodity price pressure
April 1, 2015--The Resources index on the JSE has fallen 1.69% to bring the past month's losses to just over 10%,
mainly due to renewed pressure on commodity prices.
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Source: FIN24
Rand climbs as weak US data weighs on dollar
April 1, 2015--The rand has gained as much as 1.4% against the dollar, after weaker-than-expected US data led to a scale back of expectations when the
Federal Reserve will start hiking interest rates.
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Source: FIN24
JSE slows down ahead of Easter break
March 31, 2015--The JSE seems set to end the first quarter of 2015 on a quiet note, with the major indices
dropping slightly by midday.
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Source: FIN24
Nigeria: Selected Issues Paper
March 30, 2015--PROMOTING ECONOMIC TRANSFORMATION
Nigeria's long-term potential is keyed on promoting economic transformation. This implies taking
stock of initial conditions (reg
ional developmental disparities an
d the enabling environment-capital
and social infrastructure deficits), assessing long-term financing capacity, and evaluating the policies
and reforms to be implemented to meet the long term vision.
The recent fall in prices has highlighted the challenging but compelling need to address re
maining development challenges. This chapter discusses some of these development imperatives
current regional disparities and ongoing policy initiatives; capacity to finance infrastructure needs, promoting domestic saving through developing financial inclusion, and the opportun ity cost of quasi-fiscal activities ; fostering regional integration to stimulate non-oil exports; and building a data platform for enhanced decision-making.
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Source: IMF
