Nigeria’s Inflation Hits 22.22% In April 2023, Highest in 19years
Nigeria’s headline inflation rate rose to 22.22% in April 2023, a 0.18% point higher than the 22.04% recorded in the previous month. According to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS), Nigeria’s inflation... Read More →
Buy-interest in DANGSUGAR, BUAFOOD, and others, Boosts Bourse as NGX ASI gained 2.04% WoW.
/
Date02 May 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
The Nigerian Equities market last week closed higher, as the NGX ASI gained 2.04% WoW, closing positive in all trading sessions. Buy-interest in large-cap stocks such as DANGSUGAR (+14.04%), BUAFOOD (+11.76%), and TRANSCORP (+14.69%) boosted the performance of the domestic... Read More →
EARNINGS UPDATE: NB Plc Exhibited Negative Outing in Q1’2023.
/
Date27 Apr 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
Consumer Goods giant, Nigerian Breweries Plc exhibited a negative outing in Q1’23 as Profit After Tax (PAT) declined by -21.29% to N10.715bn from N13.613bn in the corresponding period of 2022. This is partly due to the company’s inability to upscale... Read More →
Nigerian Equities Depreciate by 309bps as Zenith, UBA Lead Losers.
/
Date26 Apr 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
The value of listed equities on the floor of the Nigerian Exchange Group (NGX) depreciated by N37bn and 309 basis points while the All-share Index and Market Capitalization declined by 1.08% to close the week at 51,355.74 and N27.96 trillion... Read More →
Earnings Update: Total Energies Nig. Plc FY’22
/
Date20 Apr 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
Cost of Sales, Finance Cost, and Taxation impaired the PAT When Total Energies Marketing Nigeria Plc closed its book for the 2022 financial year, its total revenue rose by 41.36% to N482.47bn compared to N341.31bn recorded in 2021. However, this... Read More →
Losses in DANGSUGAR, SEPLAT, and Others Drive Nigerian Equities to Negative Territory as Market Capitalisation Records 1.20bps Decline.
/
Date06 Apr 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
Trading on the floor of the Nigerian Equities Market depreciated on Friday, March 31, 2023, as twin indicators, The All-share Index & Market Capitalization declined by 1.20%, to close at 54,232.34 points and N29.544 trillion respectively, which brought about 5.82%... Read More →
Profit-Taking in BUACEMENT, STANBIC, others Drag NGX Southwards.
/
Date27 Mar 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
Last week, the local Bourse closed lower, as the NGX ASI sheds 0.04% WoW, closing negative in four of the five trading sessions. Profit-taking in large-cap stocks such as BUACEMENT (-1.60%), STANBIC (-5.80%), and NB (-4.50%) dragged the local bourse... Read More →
Stress-Free Steps to Get Proof of Funds or Fund your Account for Study Permit and Visas Approval in Nigeria.
If you are looking to relocate or travel abroad for studies or vacation from Nigeria, one of the major requirements is that you must have enough money as Proof of funds or proof of financial support to fund your stay... Read More →
Nigeria’s Inflation Prints at 21.91%, Driven by Naira Scarcity, Price of food items.
The Consumer Price Index (CPI)/Headline Inflation/All Item Index The Consumer Price Index (CPI), which measures inflation, rose by 21.91% Year-on-Year (YoY) in Feb’23, representing the second consecutive acceleration after moderating in December 2022. This is 0.09% higher than the rate recorded in... Read More →
Nigerian Bourse Closes the Week Lower as the NGX ASI sheds 1.58% WoW.
/
Date21 Mar 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
Local Bourse closed lower last week, as the NGX ASI sheds 1.58% WoW, closing negative in four of the five trading sessions. Profit-taking in large-cap stocks such as MTNN (-5.00%), GEREGU (-6.50%), and GTCO (-7.20%) dragged the local bourse southwards.... Read More →