Introduction: TRANEX at a Crossroads Trans-Nationwide Express Plc (TRANEX) is facing one of its most challenging periods in recent history. The company’s latest earnings report reveals weak profitability and a…
Key Points: As Nigeria prepares for the 299th Monetary Policy Committee (MPC) meeting, market participants, investors, and policymakers eagerly anticipate key decisions that will shape the country’s economic direction. The…
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 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…
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…
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…
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…
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…
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)…
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…