Stock Market Down N1.17trn on Profit-taking in Dangote Cement, Others
Stock Market Down N1.17trn on Profit-taking in Dangote Cement, Others The Nigerian stock market yesterday commenced the week on a downward momentum, with a decline of N1.17 trillion on investors’ profit-taking in Dangote Cement Plc (10 per cent drop) and 23 others. The Nigerian Exchange Limited All Share Index (NGX ASI) lost... Read More →
H2 Macroeconomic and Financial Market Outlook
Analysts at CSL released an outlook for the year’s second half, stating their views on the macroeconomy and the financial markets where they slightly reduced their forecast GDP growth rate to 3.32% from 3.37% as they anticipate the prevailing high-interest... Read More →
Nigeria’s Rebased GDP Grows by 3.13% Y-o-Y in Q1 2025
Following the rebasing of Nigeria’s Gross Domestic Product (GDP) using 2019 as the new base year, the National Bureau of Statistics (NBS) has aligned previous quarterly GDP estimates with the updated series. The new data shows that Nigeria’s real GDP... Read More →
H1 2025 Stock Recommendation Review – The Art of Getting it Right
The year 2025 has so far been a unique year for investors, as major global and national political and economic events have made money and capital markets move with the ease of a grandfather rocking chair. The uncertainty has wrong-footed... Read More →