Updates

Africa’s Power Revolution: Mission 300 to Light up Continent’s Future

The initiative, dubbed ‘Mission 300’ (M300), represents an unprecedented collaboration between the African Development Bank and the World Bank Group, alongside other global partners January 24, 2025/AfDB Exceptional World Bank Group-African Development Bank Collaboration to Connect 300 million People to Electricity by 2030 Dar es Salaam Energy Summit to Chart […]

LPG Price Increase 1.26% from N7,088 in November to N7,177.27 in December 2024

January 24, 2025/CSL Research The National Bureau of Statistics (NBS) recently released the December 2024 price watch report for Liquefied Petroleum Gas (LPG), commonly known as cooking gas. The report shows that the average retail price for refilling a 5kg cylinder of cooking gas increased by 1.26% month-on-month (m/m), rising […]

Intraday Update: Nigerian Stocks Gain +0.15%, Buoyed by Bellwether Counters

January 24, 2025/InvestmentOne Update ASI as at 12.00pm: +0.15% Top Gainers and Losers: CHELLARAM (+10.00%), PZ (+9.36%), SOVRENINS (-9.40%) and AUSTINLAZ (-9.00%). Sector Performances: Banking (+0.74%), Consumer Goods (+0.08%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume advanced by 129% while total value declined by 53% […]