In Q1:2024, Seplat Energy’s revenue grew by a remarkable 76.73% year-on-year (YoY) to reach NGN268.62bn. This exceptional performance was fueled by substantial growth in both crude oil (up 64.72% YoY)…
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Global Economy Earlier this week, the Federal Reserve left its key monetary policy rate unchanged, a position held since July 2023, at a ten year plus high of 5.25%-5.50%. This…
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Daily Market Update (Equities) The Nigerian equities market noted a positive performance today as the All-Share Index (ASI) increased by 0.55% to close at 98,762.78 points. Consequently, the year-to-date (YTD)…
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Daily Market Update (Equities) The Nigerian equities market noted a decline today as the All-Share Index (ASI) fell by 0.30% to close at 97,879.94 points. Consequently, the year-to-date (YTD) return…
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Global Market Overview: Bull Run Continues - Poised for Further Growth? In March 2024, the global equities market maintained its upward trend, extending its positive performance for the fifth (5th)…
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Global Economy Earlier this week, the US Census Bureau released retail trade data. According to the Census Bureau, advance estimates of U.S. retail and food services sales for February…
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Daily Market Update (Equities) The Nigerian equities market started the week on a positive note, as the NGX All Share Index (ASI) increased by 0.05% to settle at 104,056.21 points.…
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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.…
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Seplat Energy’s revenue grew significantly by 72.53% year-on-year (YoY) to NGN696.87bn in 2023FY. This exceptional performance was fueled by a substantial increase in crude oil production (72.90% YoY), which offset…
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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…
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