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WHAT is in store for economies and markets in 2018? Around this time of year, a large number of analysts and fund managers are giving their views. Among the most interesting and thoughtful approaches can be found at Absolute Strategy Research (ASR), an independent group founded by David Bowers and Ian Harnett.ASR adds extra depth to its analysis by contrasting its own views with those of the consensus. To do so, the group polled 229 asset allocators, managing around $6trn of assets, for their views on the outlook for economies and markets. They found a groundswell of optimism; the probability of equities being higher by the end of 2018 was 61%, and that shares will beat bonds is 70%. The allocators think there is only a 27% chance of a global recession. And they are not worried about the p...
With the dates already set in 2019 for the elections and with 2/3 of the current administration rsquo;s tenure all but used up, we are in a position to gauge the possible re-election chances of the APC federal government and the possible chances ...Powered by WPeMatico
The opposition Peoples Democratic Party (PDP) has called on the National Assembly to investigate the approval by the National Economic Council for the release of one billion dollars to the Federal Government to fight insurgency in the North East. ...Powered by WPeMatico
The Economic and Financial Crimes Commission on Thursday picked up former Senate President David Mark for interrogation over allegedly billions stolen by him and other leaders of the National Assembly during his tenure. Mark, who enjoyed one of th ...Powered by WPeMatico
The Managing Director, Niger Delta Power Holding Company (NDPHC), Engr Chiedu Ugbo has stated that the agency is working in collaboration with other stakeholders in the power sector to ensure that the Nigerian Electricity Supply Industry (NESI) h ...Powered by WPeMatico
The Independent National Electoral Commission (INEC) has approved the registration of 21 new political parties, bringing the number of registered parties in the country to 67. The approval, according to a statement signed by Mrs May Agbmuche-Mbu, ...Powered by WPeMatico