Nigeria’s descent to a now virtually inevitable recession has long been foretold by analysts so no serious-minded person will be surprised at the news that the Nigerian economy contracted by 0.36 percent in the first quarter of 2016. Economic historians say this is the first quarterly negative since 2004 and on an annual basis since… Continue reading [WORLDPOLITICS] #DEBRANDING: THE NEW FACE OF NIGERIA’S ECONOMIC RECESSION.
The equities market closed two days ago on a negative note, as NSE ASI depreciated by 0.45% to close at 27,475.48basis points , compared with the 0. 13 % appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -4 .07%. Market breadth closed negative as OANDO led 16gainers against 17losers topped by UBA at… Continue reading [BRANDS] #BRANDSWEEKREPORT: UBA LEADS LOSES IN NIGERIAN CAPITAL MARKET.
Coca-Cola, one of the world’s most iconic brands, has been served a warning after it failed to place in the annual BrandZ ranking of the top 10 global brands for the first time. Coca-cola: Taste the feeling The 130-year-old soft drink brand has been a mainstay of the global top 10 by brand… Continue reading [BRANDS] #BRANDSWEEKREPORT: COCA-COLA DROPS FROM TOP 10 BRANDS.