December 2, 2024/CSL Research The recently released GDP report reveals that the manufacturing sector grew by 0.92% year-on- year (y/y) in Q3 2024. This marks a slowdown compared to the 1.28% growth recorded in Q2 2024 but shows an improvement over the 0.48% y/y growth in Q3 2023. The report, […]
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NGXASI Declines -0.28% amid Selloffs in OANDO, SEPLAT, WAPCO
November 29, 2024/InvestmentOne Report The NGXASI declined by 0.28% today to close at 97,506.87pts, amid selloffs recorded in SEPLAT (-6.02%), WAPCO (-1.69%) and OANDO (-0.61%) which drove the domestic bourse into the red. In the fixed income space, the Treasury Bills secondary market traded on a negative note, driven by sell pressure […]
The Nigerian Economy Grew by 3.46% Y/Y in Q3-2024 in Real Terms
November 26, 2024/United Capital Research Nigeria’s Gross Domestic Product (GDP) grew by 3.46% y/y in real terms in Q3-2024. This is higher than the 2.54% y/y recorded in Q3-2023 and higher than Q2-2024 growth of 3.19% y/y. The expansion in Q3-2024 occurred despite persistent challenges in the macroeconomic environment, including […]
