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Unilever Plc Exhibited Negative Performance In Q’2 2023, PAT Down -85.47%

As rising #inflation, interest rates, and the cost of doing #business, continue to threaten businesses in #Nigeria, #Africa, and around the world, #Unilever Plc could not protect itself from the attendant negative impact of these exogenous factors. In its financial...
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The Nigerian Equities Market Pointed Northwards on Thursday as Investors injected over N94.47 billion into stocks.

Nigerian Equities Market pointed northwards on Thursday as investors injected over N94.47 billion into stocks, (UBA N13.306 billion). The NGX All-Share Index appreciated by 0.27% to close at N63,930.72 from 63,757.23 points. The bullish outing was driven by bargain-hunting in...
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Rising Food and Energy Prices Drive Nigeria’s Inflation to 22.79% in June’23

Headline Inflation Rising prices of food items, occasioned by petrol subsidy removal, among others, have driven the rate of inflation to an all-time high, 22.79% compared with 22.41% in May’23. According to the latest Consumer Price Index (CPI), report by...
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Like the Biblical Dry Bone, Nigeria’s Capital inflow can Rise Again if…  

According to the #Nigeria Bureau of Statistics (NBS), the total #capital importation into Nigeria in Q1 2023 stood at $1,132.65 billion, a 28% decrease compared to $1,573.14 billion recorded in Q1 2022. When compared to the preceding quarter, the nation’s...
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Nigerian Equities Gained 3.40% as Investors Traded 9.8 Billion Shares in One Week

The Nigerian Equities Market last week added 340bps as activity level skyrocketed by 191.81% WoW. The NGX All-share Index & Market Capitalization appreciated by 3.40% to close at 63,040.41 points and N34.33 trillion from 60,968.27 points and N33.20 trillion respectively....
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