Nigerian Stock Market Hits Record High for Third Consecutive Day
Overview: Nigerian Stock Market Hits New High as ASI Continues Rally The Nigerian stock market continued its bullish run, with the NGX All Share Index (ASI) reaching a fresh all-time…
Nigeria’s Weekly Market Wrap-Up: Stocks, Bonds, and Indices Performance
As the trading week comes to a close, Nigeria’s financial markets have witnessed notable movements across equities, bonds, and indices, driven by corporate earnings, macroeconomic policies, and investor sentiment. Below…
Navigating Nigeria’s Market Selloff: Causes and Investment Strategies
The Nigerian financial markets have recently witnessed a notable selloff, raising questions about the underlying causes and future outlook. This market downturn can be attributed to a combination of external…
Nigerian Stock Market Update: Highlights from January 15, 2025
The Nigerian stock market showcased a mix of resilience and challenges, reflecting broader economic trends. With significant movements in key indices and stocks, here’s a breakdown of the day’s performance.…
Dangote Cement Among Top Companies to Announce Earnings in February
As the Nigerian stock market gears up for February 2025, investors have their eyes set on Dangote Cement Plc, among other top-tier companies expected to announce their financial results. The…
2025 Outlook: Consumer Services Struggles to Justify Lofty P/E Ratios
The consumer services sector is under intense scrutiny as we move into 2025. Despite industry heavyweights like Ikeja Hotel PLC and Transcorp Hotels leading the pack, the sector’s struggles with…
Inflation to Dominate 2025: Why Consumer Services Stocks Are a Risky Bet
Introduction: Inflation Clouds the Horizon As we step into 2025, inflation remains a dominant theme, reshaping investment strategies and redefining sector performance. For consumer services, a historically sensitive sector, the…
Nigeria and China Renew $2.09 Billion Currency Swap Deal: Access Bank and First Bank Emerge as Leading Potential Beneficiaries
In a move aimed at deepening financial cooperation and enhancing trade between Africa’s largest economy and Asia’s economic powerhouse, Nigeria and China have renewed their $2.09 billion (15 billion yuan)…
Stocks Set to Benefit from Nigeria’s $4 Trillion Infrastructure Push
Nigeria’s proposed ₦4 trillion infrastructure investment for 2025 stands as one of the most ambitious economic strategies in the country’s recent history, marking a critical step towards addressing the infrastructural…
Investing in the Nigerian Stock Market: Risks, Rewards, and Opportunities
Introduction: Unveiling the Nigerian Stock Market The Nigerian stock market is a gateway to wealth creation and economic growth. With its diverse opportunities across banking, telecommunications, and manufacturing sectors, the…