GTI Group Research Financial Possbilities
Election Postponement Thwart Investor’s Sentiment As Market Shed 1.61%
20 ViewsThe Equity Market shed 1.61% as investors sentiment turned sour on the first trading day of the week since the reschedule of the 2019 general elections. All market sectors declined with Banking and...
Increased deposits at CBN raises currency in circulation to N2.329tn
6 ViewsThe currency in circulation at the end of December 2018 rose by 20.9 per cent to N2.329tn, compared with the growth of 1.4 per cent at the end of September 2018, the Central...
Abuja Disco Acquires €2.4m Solution to Combat Power Theft, Others
8 ViewsFollowing challenges of electricity theft and associated loss of revenue, the Abuja Electricity Distribution Company (Disco) has acquired and installed an Integrated Commercial Management System (InCMS) worth €2.4 million to check repeated theft of...
Sector to lose N46 billion income to 9.2m uninsured vehicles
11 ViewsThe gale of premium losses to the nation’s insurance industry has continued with estimated N46 billion on the line from non-insurance of 9.2 million vehicles across the country.According to the Nigerian Bureau of Statistics(NBS)...
Economy as epicenter of elections brouhaha in 2019
47 ViewsBarely 24 hours to the kick off of 2019 general elections, which were botched at the last minute, the National Bureau of Statistics said the country yearly inflation dropped to 11.37 per cent...
Reserves fall to two-month low of $42.86bn
9 ViewsThe nation’s foreign exchange reserves have fallen to $42.86bn, the lowest level in two months, the latest data from the Central Bank of Nigeria showed on Sunday. The reserves, which stood at $43.174bn...