Q2:2023 GDP Report | Dismal Oil Sector Suppressed Economic Growth
Dismal Oil Sector Suppressed Economic Growth The National Bureau of Statistics (NBS) recently published its Gross Domestic Product (GDP) report for Q2:2023. Despite economic headwinds, the economy sustained its positive momentum for the eleventh (11th) consecutive quarter since the pandemic-induced recession in H2:2020. GDP printed at 2.51% YoY (vs. 2.31% in Q1:2023; 3.54% YoY in […]
Daily Market Update | 29-08-2023
Daily Market Update (Equities) The Nigerian Equities Market sustained its positive trajectory as its benchmark index increased by 0.51% to settle at 66,490.34 points in today’s trading session. Notably, the Year-to-Date (YtD) returns surged to 29.73% (Yesterday: 29.07% YtD). The gains in DANGSUGAR, TRANSCORP HOTEL, TRANSNATIONAL CORP, ZENITH and ACCESSCORP offset the losses recorded in […]
