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…
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…
Market Overview The Nigerian stock market displayed mixed signals on February 4, 2025, as investors reacted to economic data, corporate earnings, and macroeconomic trends. The NGX All-Share Index closed at…
Strong Asset Growth and Financial Stability Cornerstone Insurance Plc has reported a significant financial expansion for the year ended December 31, 2024, with total assets reaching ₦114.54 billion, a 39%…
Market Overview The Nigerian stock market commenced the new month on a bullish note, with the NGX Meristem Growth Index leading the charge among indices. The index recorded an impressive…
The economic and political landscape of 2025 has been significantly shaped by a new wave of protectionist policies introduced by the Trump administration. On February 1, 2025, the United States…
(Financial Statements for the Year Ended 31st December 2024) Key Financial Metrics Conoil Plc achieved remarkable revenue growth of 60.5%, reflecting increased sales in petroleum products, benefiting from heightened demand,…
Overview: Wapic Insurance Plc’s Breakout Year Wapic Insurance Plc (WAPIC) has emerged as a top-performing stock in Nigeria’s insurance sector, delivering an impressive 228% return over the past year. This…
(Financial Statements for the Year Ended 31st December 2024) Key Financial Metrics Tourist Company of Nigeria Plc experienced moderate revenue growth in 2024, primarily fueled by higher room occupancy, increased…
The Nigerian Stock Exchange (NGX) saw a mix of gains and losses on January 31, 2025, with major indices reflecting the broader market sentiment. Investors navigated macroeconomic challenges and sector-specific…