OPINION/EDITORIAL

Rail Traffic Revenue Increased by 77% YoY to N1.3Bn in Q2 2023

September 12, 2023/FBNQuest Research According to the recently published report on rail transportation, from the National Bureau of Statistics (NBS), the total revenue generated from railway traffic increased by +33% q/q and +77% y/y to NGN1.3bn in Q2 ‘23. This compares to declines of -42% q/q and -56% y/y in […]

The Markets in Review: Airtel Africa and the Naira/US$ Rate

September 12, 2023/Coronation Research Does the price of Airtel Africa have any significance for the Naira/US dollar exchange rate? It may be a fanciful thought, but the sophisticated trades between Airtel Africa’s NGX Exchange listing and its London listing point to convergence, at least in the short term, between the […]

The Current Bull Run was Outpacing the Biggest Bull Market Ever over the First 223 Market Days

September 12, 2023/finder.com The biggest bull market was the tech boom bull market (2009-2020), returning 582% over 12 years and 4 months The current bull market, starting on the 12th of October 2022, has returned more than the tech boom bull market in its first 223 market days 3 out […]