Weekly Commentary and Stock Recommendation: 14th August – 18th August 2023

This is a brief summary of the economic events that occurred this week in the global and domestic space. This report also provides investment strategies for investors in the coming week. Global Economy Earlier this week, the United Kingdom (UK) Office for National Statistics published its Consumer Price Index (CPI) data for July 2023. The […]

CBN’s Financial Statements | Letting the Cat Out of the Bag

Last week marked a significant development as the Central Bank of Nigeria (CBN) unveiled its financial statements spanning the period from 2016 to 2022. This disclosure comes on the heels of the suspension of Mr. Godwin Emefiele, the former governor of the bank.  We believe that this move aligns with the new administration’s commitment to […]

6 Dynamic Money Mindset Exercises for Financial Growth

Have you ever felt that your financial journey is hindered by your thoughts and beliefs about money? Then this article titled 6 Dynamic Money Mindset Exercises for Financial Growth is for you!  The power of your money mindset is undeniable, shaping your financial decisions and outcomes. In this guide, we’ll delve into the world of […]

Rich VS Wealthy: Which Are You?

Have you ever wondered about the real differences between being rich and being wealthy? Often used interchangeably, these two terms carry distinct meanings that significantly impact an individual’s financial status and future. In this article, we’ll dissect the nuances between being rich and being wealthy and provide insights into how to attain genuine wealth. To […]

Daily Market Update | 18-08-2023

The Nigerian Equities Market closed the week on a positive note as its benchmark index surged by 0.46% to 64,743.96 points. Consequently, its Year-to-Date return printed at 26.33% (Yesterday: 25.75%). The strong market performance was primarily driven by gains in DANGCEM, MTNN, ACCESSCORP, TRANSCORP, and FBNH offsetting the losses in GTCO, SEPLAT, DANGSUGAR, and FIDELITY. […]