Q4 2023 and 2023FY Foreign Trade in Goods Statistics Report -Breaking the Surplus Streak
Breaking the Surplus Streak Recently, the National Bureau of Statistics (NBS) published the Foreign Trade in Goods statistics report for Q4:2023. On a Quarter-on-Quarter (QoQ) basis, Total Imports (+56.04% to NGN14.11trn in Q4:2023 vs. NGN9.04trn in Q3:2023) and Total Exports (+22.68% to NGN12.69trn in Q4:2023 vs. NGN10.35trn in Q3:2023) recorded significant increases. Consequently, we observed […]
Daily Market Update 11-03-2024
Daily Market Update (Equities) The Nigerian equities market started the week on a positive note, as the NGX All Share Index (ASI) increased by 0.70% to settle at 102,044.84 points. As a result, the year-to-date (YtD) return went up to 36.47% compared to last Friday’s 35.52% YtD . The positive market sentiment was driven by […]
