Daily Market Update | 20-02-2024
Daily Market Update (Equities) The Nigerian equities market extended its loss for the second consecutive trading session this week, as the market’s benchmark index dropped 1.30% to settle at 101,060.67 points. The market was dragged down down by significant losses in tickers including BUACEM, FBNH, TRANSCORP, DANGSUGAR and UBA, which suppressed gains recorded in GEREGU, […]
Q4 2023 Capital Importation Report- Turning the Tide Nigeria Sees Capital Inflows Rebound
Turning the Tide Nigeria Sees Capital Inflows Rebound Recently released by the National Bureau of Statistics (NBS), the Q4:2023 capital importation report reveals a 2.62% year-on-year (YoY) increase, reaching USD1.09bn compared to the USD1.06bn recorded in Q4:2022. This growth stems from a significant rise in two major components: Foreign Direct Investment (+ 118.42% YoY to […]
Nigerian Oil and Gas Sector Report 2024 | Unraveling Nigeria’s Oil and Gas Tapestry
This report delves into the complexities of the oil and gas sector, specifically focusing on OPEC’s impact on global energy dynamics and Nigeria’s potential as Africa’s leading oil producer. We delve deeper by analyzing major players within the Nigerian market, providing both price targets and insightful recommendations to guide investors towards informed decisions. Executive Summary […]
