Invest Data Consulting Ltd

Since the introduction of money as a replacement for trade by barter, it has always been in circulation. One thing has remained constant in the history of money is that only those who understand and know how to send it on errands or make it work for them successfully amassed and controlled it. Before I go further, what is success? Success is travelling on the right road towards your goal. Simply put success is, “a progressive realization of worthy ideal”. Though money is very hard to define, for economic reasons, it is anything that is generally acceptable for settlement of debts, and a medium of exchange. It is a common scene to see people who work round the clock or even earn reasonable salaries and yet have little or nothing to show for it. This is because they have one source of income, called "Linear Income”. Until you put your money down to work for you in the investment mix such as: real estates, bonds and shares, where residual income is generated,

MIXED TRADING WEEK, AMIDST HOPE FOR BUDGET 2017, PORTFOLIO REBALANCING Nigeria’s stock market moved lower during the past week as selling pressure increased on the heels of profit taking as many stocks were selling above their 52-week highs. At the same time, there are the effects of negative reactions of investors to none readmission of Nigeria into the Morgan Stanley Capital International (MSCI) Frontier Index’s in its June review. China was admitted into emerging market index, while  Nigeria and Argentina were put under consideration for a ”Standalone.” Nigeria's re-classification was postponed to November in the midst of the unstable global oil price and the danger of increased non-performing bank loans, where Etisalat, the country's fourth largest communication companies defaults in repaying its estimated N534.1bn US$ denominated loan from a consortium of Nigeria banks. Graciously, the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NC

The management of International Brewery Plc submitted its full year earnings report for the period ended March 31, 2017 to the investing community recently, in line with the post-listing requirement of the Nigerian Stock Exchange (NSE). The report, which came a month late, compared to the release date for the 2016 scorecard, among others, reflected the economic situation especially with manufacturers coming under more intense pressure from the operating environment that negatively impacted operating cost and purchasing power at a time Nigeria’s economy was deep in recession, especially for most part of the financial year. The poor performance, just like in the case of many of the companies that presented their score-cards before now, was attributed to the foreign exchange losses and supply hiccups. The company’s sales revenue, despite the challenging business environment, according to the result, recorded a growth, which did not however translate into a corresponding r