Author: InvestAdvocate

Nigerian Stocks Record+1.8% Weekly Gain, Buoyed by MTNN on Imminent Telecoms Tariff Hike

January 10, 2025/Cordros Report Positive sentiments prevailed in the domestic stock market, as bargain-hunting in MTNN (+21.0%), following signals of an imminent tariff hike in the telecommunications sector, as well as strong performances by TRANSCORP (+18.3%) and TRANSCOHOT (+9.8%) drove the All-Share Index higher by 1.8% w/w to 105,451.06 points. […]

Crude Oil Pricing Projection

January 10, 2025/CSL Research The December 2024 edition of the OPEC Monthly Oil Market Report (MOMR) showed a eduction in OPEC’s oil output by 50,000 barrels per day (bpd) in December, bringing total production to 26.46 million bpd. This decline was mainly driven by reduced outputs from the United Arab […]

United Capital Weekly Pan African Monitor Friday 10-January-2025

January 10, 2025/United Capital Research Anglophone West Africa (WAEMU) Nigeria • IMTO inflows rise 63.7% in nine months – CBN The CBN reported a 63.70% increase in international money transfer operator (IMTO) inflows during the first nine months of 2024. inflows rose from $2.33bn recorded during the same period in […]