Nigerian Stock Market Performance: A Look at February 10, 2025
The Nigerian Stock Exchange (NGX) closed on a mixed note on February 10, 2025, as the NGX All-Share Index (ASI) recorded a marginal 0.04% decline, settling at 105,891.33 points. This…
Julius Berger’s Profitability Faces Pressure Despite Revenue Growth
Julius Berger’s financial results for 2024 highlight a delicate balance between revenue growth and cost pressures. The company’s ₦161.2 billion revenue in Q4 represents a 27% increase from the prior…
Nigerian Stock Market Update: February 07, 2025 – Strong Gains in Consumer and Energy Sectors
Market Overview The Nigerian Stock Exchange (NGX) recorded a positive trading session on February 7, 2025, as the NGX All Share Index closed at 105,913.58, reflecting a 0.46% increase. This…
Nigerian Stock Market Sees Strong Buy Sentiments Across Key Indices
Market Overview The Nigerian stock market is experiencing a wave of strong buy sentiments across key indices, signaling investor confidence amid economic and monetary policy developments. This surge is fueled…
Nigerian 2-Year Bond Yields Steady at 23.672%, 5-Year Bonds at 21.615%
Market Stability Amid Inflationary Pressures Nigeria’s bond market has exhibited stability, with 2-year bond yields holding firm at 23.672% and 5-year bond yieldsstanding at 21.615%. These rates highlight the prevailing…
Tinubu Raises 2025 Budget to ₦54.2 Trillion: Key Sectors Set for Massive Investments
President Bola Ahmed Tinubu has approved a revised 2025 budget of ₦54.2 trillion, marking a significant increase aimed at stimulating economic growth and addressing critical infrastructure deficits. This move comes…
Nigerian Stock Market Performance for February 6, 2025
Overview of Market Movements The Nigerian stock market exhibited dynamic shifts on February 6, 2025, with notable performances from various sectors and individual stocks. The NGX All Share Index (ASI)…
Meristem Growth Index Climbs 1.16% in January 2025, Driven by Strong Institutional Demand
The Meristem Growth Index saw an impressive 1.16% gain in January 2025, marking a continuation of its strong performance in recent months. This growth reflects heightened institutional interest in growth…
Foreign Reserves vs. Naira Strength: Are CBN Policies Driving Stability or a Currency Crisis?
The Nigerian economy, heavily reliant on oil exports, has experienced persistent volatility in foreign reserves and exchange rates. Over the past few years, external pressures, fiscal imbalances, and shifting global…
Naira on the Rise? Examining the Naira’s Performance Against the Dollar in January 2025
The Nigerian Naira has been at the forefront of economic discussions as it showed notable movements against the U.S. dollar in January 2025. Amidst macroeconomic pressures, shifting monetary policies, and…