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All posts by Afolabi Ogunde

  • World Leaders Mobilize To Contain European Debt Crisis

    French President Nicholas Sarkozy, and German Chancellor Angela Merkel briefed the media yesterday about plans by their respective countries to bail out troubled banks in the Eurozone especially Grecian banks. Sarkozy stated, “we will recapitalize the banks”,...

    • Posted October 10, 2011
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  • Apple, the death Of Steve Jobs, the Nigerian Republic and matters arising(Opinion)

    Apple Computer Corporation is one of the world’s most successful companies. In fact Apple is so successful; it was reported to have more cash reserves ($76.2 Billion) than the entire American government at the end of June...

    • Posted October 10, 2011
    • 1
  • APPLE, THE DEATH OF STEVE JOBS, THE NIGERIAN REPUBLIC AND MATTERS ARISING

    Apple Computer Corporation is one of the world’s most successful companies. In fact Apple is so successful; it was reported to have more cash reserves ($76.2 Billion) than the entire American government at the end of June...

    • Posted October 10, 2011
    • 0
  • New CBN rule shores up Naira

    Recent efforts by the Central Bank to stabilize the Naira seem to have paid off.  The Central Bank had issued a cease and desist order to Oil Companies operating in Nigeria via a circular released on its...

    • Posted October 8, 2011
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  • Ex-governors Arrested over $674 Million Scam

    In what appears to be a manifestation of the Jonathan administration’s tough talk on corruption rhetoric, three Nigerian ex-governors and members of the ruling party, PDP have been accused of embezzling a total of $674 million USD...

    • Posted October 7, 2011
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  • Nigeria Stock Exchange declines by 0.91%

    The Nigerian Stock Exchange put on a bearish performance today shedding a total of 0.91%. Profit takers cashing in on gains of previous trading days drove the market into the red. Most of the top tier banks...

    • Posted October 6, 2011
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  • Naira falls to record lows in todays trading

    The Nigerian Naira has continued its free fall against major currency pairs, depreciating against the Dollar, Euro, and Sterling. The Naira has fallen to its lowest on record in the inter-bank market even as Central Bank Governor...

    • Posted October 6, 2011
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  • Goldman Sachs Economists Largely Bullish on Commodities

    Goldman Sachs economists working out of the companys Global research Office have released a new report that is bullish on commodity prices over the mid to long term. After the biggest quarterly decline in commodity prices since...

    • Posted October 6, 2011
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  • Nigerian Stock Market Gains in 5th consecutive Day of Trading

    The Nigerian Stock Exchange All Share Index went northwards by 0.58% at the end of trading today to close at 20,695.77. Driving the performance of the bourse today were the Breweries and Food & Beverage sectors led...

    • Posted October 5, 2011
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  • Global Markets Rebound on back of Favorable Macro-Economic Policy

    Global commodity and equity markets have staged a rebound from recent lows after the United States government signaled its intentions to prolong an economic stimulus program. Chairman of the US Federal Reserve Bank, Ben Bernanke, in testimony...

    • Posted October 5, 2011
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