Navigating Nigeria’s Economy as an Investor
If you’ve been investing in Nigeria over the past few years, you already know one thing: the macro story matters. Inflation, FX policy, interest rates, these aren’t just headlines. They directly affect your returns, your portfolio, and your peace of mind. The good news? 2025 brought signs of stability. And 2026 could be a year […]
Daily Market Update | 01-07-2024
Daily Market Update (Equities) The Nigerian Equities market started the week on a negative note, as the NGX All Share Index declined by -0.04% to settle at 100,020.83 points. This pushed the market’s year-to-date (YtD) returns up to 33.76% (vs. Friday: 33.81% YtD). Today, total Volume and Value traded each decreased by 46.11% and 62.44% […]
DAILY MARKET UPDATE 29-04-2024
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 to declined to 30.90%, from 31.30% last Friday. Gains in FBNH, ACCESSCORP and STERLING were offset by losses in GTCO, DANGSUGAR and SEPLAT. Today, the […]
March 2024 Monthly Fixed Income Market Update | Where are Yields Rising to?
Where are Yields Rising to? At the end of March 2024, the secondary Fixed Income (FI) market continued to note upward pressure on yields on a Month-on-Month (MoM) basis. The average yield in the Nigeria Treasury bills (NT-bills) market increased by 76bps MoM to close at 17.66%. Similarly, the FGN Bond market closed negative as […]
Daily Market Update | 25-03-2024
Daily Market Update (Equities) The Nigerian equities market started the week on a negative note, as the NGX All Share Index (ASI) declined by 0.49% to 104,136.35 points. As a result, the market’s year-to-date (YtD) returns fell to 39.27% compared to 39.95% YtD recorded on Friday. Losses in Dangote Sugar, Transnational Corp and Ecobank offset […]
Daily Market Update | 10-01-2024
Daily Market Update (Equities) The Nigerian Equities market closed on a negative note today as the NGX All Share Index (ASI) declined by 1.45% to 82,024.38points. Consequently, the market’s year-to-date (YtD) returns went down to 9.70% (vs 11.31% Yesterday). The losses recorded in MTNN, ZENITH and GTCO offset the gains in DANGCEM, BUAFOODS and Transcorp […]
Daily Market Update | 19-12-2023
Daily Market Update (Equities) Today, the Nigerian Equities market closed on a positive note, as the NGX All Share Index (ASI) gained 0.09% to settle at 72,470.10 points. Consequently, the market’s year-to-date (YtD) returns closed at 41.40% (vs. yesterday: 41.27%). This was driven by gains in MTNN, UBA and Access Holdings offsetting losses incurred in […]
Daily Market Update | 11-12-2023
Daily Market Update (Equities) The Nigerian Equities market started the week on a positive note, as the NGX All Share Index (ASI) increased by 0.18% to settle at 71,669.91 points. This was driven by gains in ECOBANK, MTNN and BUACEMENT which offset losses incurred on FBNH, TRANSCORPHOTELS and TRANSCORP. Consequently, the market’s year-to-date (YtD) returns […]
Daily Market Update | 08-12-2023
Daily Market Update (Equities) The Nigerian equities market closed positive today as its benchmark index, the NGX All Share Index (ASI), rose by 0.12% to reach 71,541.74 points. Consequently, its Year-to-Date (YtD) returns went up to 39.59% compared to yesterday’s 39.43%. Gains recorded in AIRTELAFRICA, ECOBANK, and UBA offset the losses in FBNH, BUACEMENT, and […]
Daily Market Update | 07-12-2023
Daily Market Update (Equities) The Nigerian equities market witnessed a downward trajectory today as its benchmark index, the NGX All Share Index (ASI), declined by 0.49% to reach 71,457.92 points. Consequently, its Year-to-Date (YtD) returns dropped to 39.43% compared to yesterday’s 40.11%. Losses recorded in FBN Holdings, Access Holdings, and Zenith offset the gains in […]