Daily Market Update 27-11-2023

Daily Equities Market Update (Equities) Today, Nigerian Equities market closed with a positive performance  as its benchmark index went up by 0.18% to 71,353.81 points. As a result, its year-to-date (YtD) returns increased to 39.22% (vs. last Friday’s YtD: 38.98%). The gains recorded in , FBNH, MULTIVERSE, and NSLTECH offset the losses incurred in , […]

Q3:2023 GDP Report | A Show of Resilience amid Economic Challenges

A Show of Resilience amid Economic Challenges In the recently published Q3:2023 GDP report by the NBS, the Nigerian economy grew modestly by 2.54% YoY compared to 2.51% YoY in Q2:2023. This marks the twelfth (12th) consecutive quarter of expansion since H2:2020, underscoring the doggedness of the Nigeria economy despite macroeconomic and structural challenges including […]