January 5, 2023/CSL Research The National Bureau of Statistics (NBS) capital importation data showed the telecoms sector attracted investments worth US$65.05m in Q3 2023 compared to US$77.26m in Q3 2022, a significant decline of 17.10% y/y. Quarter on quarter, foreign capital inflow into the telecoms sector increased by 148.16% in […]

January 4, 2024/CSL Research The Nigerian stock market has commenced the new year on a promising note, with investors strategically positioning themselves for potential dividends. Positive sentiments are buoyed by optimism surrounding the oil sector and its anticipated impact on the overall economy. The Nigerian Exchange All-Share Index (NGXASI) has […]

January 3, 2023/CSL Research According to the recent data released by the Debt Management Office (DMO), Nigeria’s total debt stock for the period ending 30 September, 2023, rose to N87.91 trillion (US$114.35 billion), a marginal increase of 0.61% from N87.38 trillion (US$113.42 billion) recorded at the end of June 2023. […]