Daily Market Update | 26-02-2024
Daily Market Update (Equities) Today, the Nigerian equities market closed negative, declining by 0.09% to 101,995.21 points. This pushed market’s year-to-date (YtD) returns down to 36.41% (vs. Yesterday: 36.53% YtD). Losses in NESTLE, DANGSUGAR, and ACCESSCORP outweighed gains in FBNH, NASCON, and GTCO, contributing to the negative performance. Total volume traded (+1.14% to 294.32mn units) […]
Q4:2023 and 2023FY GDP Report | Nigerian Economy Still On the Path of Expansion
Nigerian Economy Still On the Path of Expansion Recently, the National Bureau of Statistics (NBS) published the Gross Domestic Product (GDP) report for Q4:2023. For the thirteenth (13th) consecutive quarter since Q2:2020, the Nigerian economy grew by 3.46% YoY, an improvement from Q3:2023 (+2.54% YoY). This was spurred by growth in both the oil (+12.11% […]
