Home Community Insights This Week in The Nigerian Capital Market: Equity Market Update

This Week in The Nigerian Capital Market: Equity Market Update

This Week in The Nigerian Capital Market: Equity Market Update
LAGOS, NIGERIA - JULY 15: A general view of congested traffic in central Lagos on July 15, 2008 in Lagos, Nigeria. (Photo by Dan Kitwood/Getty Images)

After single-handedly short-circuiting stimulus negotiations, President Trump is back dictating and blaming. Whether he dictates, blames, or negotiates, all we need is an approval of the next round of Stimulus.

Jerome Powell, Federal Reserve Chair has warned that, without more government support, the U.S. economy risks a prolonged period of weakness that could perpetuate job losses and exacerbate disparities.

How does the Stimulus affect Nigeria?
Like it has in the past, we believe ‘America’s Stimulus’ will trickle into Nigeria. Policies in the US float not only the US economy, but they also float the Global economy.

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Did you notice?
Nigeria’s All-share Index depreciated by 0.95% on 7th October, a day after President Trump twitted he is rejecting the $2.4 trillion stimulus package.

Click here to download the full report and stock recommendation.

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Azeez is a finance professional with years of experience as a CFO and Investment Banker in the Nigerian capital market. He is interested in Capital Advisory & Raising | Debt & Equity Capital | Investment Banking & Corporate Finance | Investment Management | Personal Finance | Securities Trading He is the Group CFO of TrustBanc Financial Group and the Managing Director, TrustBanc Capital Management Limited. Send all your money, savings, investment, fundraising questions and worries to azeez.lawal@trustbancgroup.com and clearviewstrategy@gmail.com. I will answer them for free and in a language you can easily relate with. 08028379367

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