Author: InvestAdvocate

Fastest Economic Growth Since 2021; Economy Grows by 3.40% FY-2024

February 26, 2025/United Capital Report Yesterday, the National Bureau of Statistics (NBS) published its FY/Q4-2024 GDP report. According to the report, Q4-2024 GDP expanded by 3.84% y/y, representing the 17th consecutive quarterly y/y growth, firmly putting recession fears aside. It is also Nigeria’s highest GDP growth rate since Q4-2021 when […]

Q4:2024 GDP Report— Sustained Growth Amid Economic Reforms

February 26, 2025/InvestmentOne Report Please click to download our Q4:2024 GDP Update Nigeria’s economy expanded at 3.84% YoY during Q4:2024, reaching its highest quarterly growth rate in three years. This performance    exceeded the 3.46% seen in Q3:2024 and showed improvement from the same quarter in 2023. Across the full year, […]

UBA, FBNH, Nigerian Breweries Buoy NGXASI to +0.02% Gain

February 26, 2025/InvestmentOne Report The NGXASI advanced by 0.02% today to close at 107,798.99pts, as the gains recorded in NB (+4.16%), FBNH (+1.69%) and UBA (+0.82%) drove the domestic bourse into the green zone. In the fixed income space, the Treasury Bills secondary market traded on a positive note, largely due to […]