Global Economy Earlier this week, in the EU, Eurostat released preliminary GDP data for Q1:2024. In the first quarter of 2024, seasonally adjusted GDP increased by 0.3% QoQ in both…
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Daily Market Update (Equities) Today, the Nigerian Equities market closed positive, as the All-Share Index (ASI) surged by 0.13% to close at 98,156.71 points. As a result, the market's year-to-date…
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A Tale of Two Sides Yesterday, the National Bureau of Statistics (NBS) released the Consumer Price Index (CPI) for April 2024. Inflationary pressures persisted as headline inflation climbed 49bps to…
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Daily Market Update (Equities) Today, the Nigerian Equities market sustained its bearish run, as the All-Share Index (ASI) dipped by 0.13% to close at 97,343.42 points. As a result, the…
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Below is a detailed overview of the financial performance of MTN Nigeria Communications Plc during the first quarter of 2024. Limited Pass-through for Stronger Revenues In its recently released Q1:2024…
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Daily Market Update (Equities) Today, the Nigerian stock market ended on a down note, witnessing a 0.23% drop in the All-Share Index (ASI) to close at 97,473.98 points. This resulted…
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Global Economy Earlier this week, we observed China’s Caixin/S&P Global services purchasing managers' index (PMI) eased to 52.5 points in April 2024 from 52.7 points in March 2024, remaining in…
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Daily Market Update (Equities) The Nigerian Equities market ended the week on a negative note. The All-Share Index (ASI) shed 0.02% to settle at 98,234.24 points. Consequently, the market year-to-date…
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Daily Market Update (Equities) Today, the Nigerian Equities market closed positive, reversing its earlier streak. The All-Share Index (ASI) gained 0.03% to settle at 98,255.72 points. Consequently, the market year-to-date…
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Daily Market Update (Equities) Today, the Nigerian Equities market closed flat, ending its negative streak. The All-Share Index (ASI) was largely unchanged at 98,223.97 points. Consequently, the market year-to-date (YtD)…
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