Rising Interest Rates Slow Commercial Paper Issuances in NigeriaKey Insights from H2 2024:1️⃣ Sharp Decline in Issuances:• Commercial paper (CP) issuances have plummeted to N165.8 billion since ...
Cement Sector GDP Growth Dips Amid Rising Costs ⚠️Key Highlights:1️⃣ Decline in Cement Sector Growth• Year-on-Year (YoY): Growth fell to 2.30% in Q3 2024, compared to 4.20% in Q3 2023.• Qu...
How NGX Hit an N18.2 Trillion Growth Milestone Despite Headwinds Market OverviewIn the first 11 months of 2024, Nigeria’s stock market defied economic pressures, growing by an impressive N18.2 ...
The Petroleum Industry Act establishes the Nigerian National Petroleum Company Limited, which would replace The Nigerian National Petroleum Corporation established in the 70s. This means the corporati...
NGX Trading Summary for Tuesday, January 14, 2025The Nigerian Stock Exchange (NGX) experienced an active trading session today, with significant improvements in trading volumes and notable market move...
Beverage and Food Sectors Dominate NGX with Combined Market Cap of N10.84tnDetailed Breakdown of Market ActivityMarket Overview• A total of 17 companies across diverse sectors contributed to a combi...
Stock Market Faces Heavy Sell-Off, Loses N1.45 Trillion in One WeekThe Nigerian stock market took a significant hit last week, shedding N1.45 trillion in market capitalization as investor sentiment we...
Stock Analysis: Honeywell Flour Mills Plc (HONYFLOUR)OverviewHoneywell Flour Mills Plc is a leading Nigerian company engaged in the manufacturing and marketing of wheat-based products, including flour...
On Thursday, the All-Share Index moved by 0.53 percent (207.86 points) to 39,293 from the 39,085 it was on the previous day. This reduces the monthly and yearly losses to about 1.3 percent and 2.4 per...
Nigeria's Exchange rate is at risk of crossing N600/$1 at the unofficial FX Market, as foreign investors that were given their dividends for the 2021 financial year seek to repatriate their ea...