A director at Unity Bank Plc bought 37,681,947 shares at 0.510NGN and the significance rating of the trade was 54/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...
Volatile global markets dim outlook for 2019 2018 was a volatile year for global stock markets, with falling crude prices, US-China trade tensions, monetary policy across advanced economies and Brexit the main drivers of market activity for the year. Driven by a spate of tariff impositions from the two economic giants, trade relations between the U.S. and China deteriorated in 2018, while a rising protectionist rhetoric across other climes ha...
Unemployment rate rises, President presents 2019 budget The National Bureau of Statistics in its unemployment and underemployment report released yesterday said that Nigeria’s rate of unemployment has increased 28% y/y to 23.1% of the work force. The bureau reported a y/y rise in the working age population (15 to 64 years) of 4% y/y to 115.5 million but noted that the number of people in employment had only increased 0.4% y/y to 68.7 milli...
Labour unions strike over minimum wage hike The Nigeria Labour Congress (NLC) has directed all members and affiliate unions to begin a nationwide strike today. Workers are demanding a minimum wage increase from ₦18,000/month to over ₦50,000/month, pointing to Federal Government (FG) promises that the wage would be reviewed upwards. Despite initially indicating that a new minimum wage would be in effect by the end of the year, the FG has stalled and a breakdown in the latest talks has led ...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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