December 9, 2024/CSL Research Based on the recent foreign trade statistics report from the National Bureau of Statistics (NBS), Nigeria recorded a trade surplus of N5.81trn in the third quarter (Q3) of 2024. Total merchandise trade was N35.16trn, an increase of 13.3% over the value recorded in Q2 2024 and […]

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, […]

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 […]