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2023 presidency: Obasanjo’s son drums up support for Yahaya Bello Olujuwon Obasanjo, son of former President Olusegun Obasanjo, has asked Nigerians to support Yahaya Bello, governor of Kogi, for the presidency in 2023.Advertisement Bello, who is currently serving his second.
Amaechi blames political elite for insecurity, says they failed to educate the lower class Rotimi Amaechi, minister of transportation, has blamed the political elite for Nigeria’s security challenges.Advertisement He stated this while delivering the 34th convocation lecture of the University of Calabar, titled ‘Beyond.
Access Bank receives go-ahead to acquire South African lender Access Bank says it has acquired regulatory approval for its proposed acquisition of Grobank Limited, a South African bank.Advertisement This was announced in a statement signed by Sunday Ekwochi, the.
We can enjoy two light weeks for economic reports. Both are holiday-shortened, implying lower volume but not necessarily lower volatility. Personal income and spending will be especially interesting, along with updated unemployment claims data. It is also an especially important time to monitor sentiment. The biggest reports are scheduled for the first week of 2021.
The calendar will prompt many to offer specific and complex forecasts for next year. Good luck with that! It is necessary for investors to think ahead, but dangerous to drive faster than you can see on a foggy road. A good approach to this is for investors to ask:
Dire Warning From Europe Curbs Market Rally
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Yesterday, major indices came out of the gate buoyed by several positive developments and speculation. But the rally effort failed to seduce fence-sitters, leaving the rally open to an assortment of news that reminded investors there are problems now - even as a path to normalcy seems clear.
More shutdown news, including scuttlebutt about a full lockdown of New York City, began to chip away at the rally. Major indices also got weaker throughout the session after there was no follow up to early morning headlines of a potential fiscal stimulus bill.
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12/15/2020 08:00 AM EST
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November 2020 Consumer Expectations Rise Despite Flat Income and Earning Expectations
The Federal Reserve Bank of New York s Center for Microeconomic Data released the November 2020
Survey of Consumer Expectations, which shows that despite flat income and earnings growth expectations, households year-ahead spending growth expectations rose sharply in November to 3.7%, the highest level recorded in more than 4 years.
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Labor expectations were mixed with deteriorating expectations about the unemployment rate and improving expectations about job security. After returning to their pre-COVID-19 levels in recent months, home price expectations recorded their first decline since April 2020. Median inflation expectations increased at both the short and medium-term horizons, while uncertainty and disagreement about future inflation remain elevated.