Author: InvestAdvocate

Bulls Resurface as Nigerian Bourse Gain +0.02%, Spurred by FBNH, Nigerian Breweries

February 26, 2025/Cordros Report EQUITIES Bullish sentiments resurfaced in the domestic bourse as gains in FBNH (+1.7%) and NB (+4.2%) spurred a 2bps increase in the All-Share Index to 107,798.99 points. Thus, the Month-to-Date and Year-to-Date returns printed +3.2% and +4.7%, respectively. The total volume traded declined by 30.2% to 245.52 […]

Intraday Update: Nigeria Equities Gain +0.03%, Buoyed By Blue Chips

February 26, 2025/InvestmentOne Update ASI as at 12.00pm: +0.03% Top Gainers and Losers: UHOMREIT (+9.94%), AFRIPRUD (+9.90%), OMATEK (-9.59%) and GUINEAINS (-8.75%). Sector Performances: Banking (+0.12%), Consumer Goods (-0.03%), Oil & Gas and Industrial. Market activity: In today’s trade, total volume, and value decreased by 38% and 12%, respectively when […]

Nigeria’s GDP Grew by 3.84% in 2024

February 26, 2025/CSL Research Nigeria’s economy expanded by 3.84% year-on-year (y/y) in real terms in Q4 2024, according to the latest Gross Domestic Product (GDP) report from the National Bureau of Statistics (NBS). This reflects an improvement from the 3.46% recorded in both Q4 2023 and Q3 2024. For the […]