Author: gamladmin

The Nig equity markets mostly ignored the spike in oil prices ,assuming that military action in Iran would be brief - until last week As damage to oil and gas facilities in the Middle East escalated and signs of an " off -ramp" from the war diminished, investors seemed to be struggling with the economic implications of the conflict in the intermediate term. We may be at a turming point when macro concerns re emerge in the markets, and that has important implications for investment strategy. In the last few weeks ,the non availability of gas to power electricty and the ever recurring ...

Most World Bourses plummeted this period principally because of Inflation concerns and Energy Concerns. USD is dropping as rising Energy Prices dent rates cut outlook and equally Naira traded at NFEM rate of N1,366.23/$ as Middle East Conflict sparks global volatility. Based on the recent monetary policy developments, the Central Bank of Nigeria (CBN) already cut its key interest rate (MPR) by 50 basis points to 26.5% during the meeting held on Feb 23-24 . Certainly, there is a lot of uncertainty looming over the world economies at this point in time. GENERAL DISCLOSURES. The N...