Financial market – Sector.Africa

Despite enormous deficit, Canada will pay less interest on debt this year than last

July 11, 2020 Sector.Africa AdministratorCanada, care, Economy, Employment, Finance, Financial market, Financial markets, GDP, Government, Interest, Interest rate, Money, news, Ottawa, Pandemic, Safe, Safety, VAT0 comment

Here’s the bittersweet news about carrying a massive deficit during a pandemic: it’s cheaper to carry an enormous debt load in today’s economy than it was to carry a tiny debt load just a year ago. it’s about $4 billion cheaper. When federal Finance Minister Bill Morneau rolls out his fiscal “snapshot” early this afternoon to show how much the pandemic is costing us and how we will pay for it, much of the emphasis will be on why the federal government feels comfortable borrowing hundreds of billions of dollars…

Nigeria stock market to witness double digit growth in 2020

February 21, 2020February 25, 2020 Sector.Africa AdministratorBank, Capital Market, Companies, Countries, Economy, Financial market, Interest, Interest rate, International organizations, Kurfi, Lagos, Money, Nigeria, Stock Exchange, Stock market, VAT, World

A capital market operator, Malam Garba Kurfi, on Wednesday expressed optimism that the Nigerian equities market would witness double-digit growth in 2020. Kurfi, the Managing Director, APT Securities and Funds Ltd., stated this at the Capital Market Correspondents Association of Nigeria (CAMCAN) first-quarter forum in Lagos. “The All-Share Index is likely going to close for the year 2020 in positive and may close in double digits. “Both technical analysis and fundamental analysis move to the positive direction,” he said. Kurfi said that the All-Share Index was expected to close in…