STATE HOUSE PRESS RELEASE PRESIDENT SIGNS N21.83 BUDGET INTO LAW, SAYS ADEQUATE PROVISIONS MADE FOR 2023 GENERAL ELECTIONS, TRANSITION PROGRAMME, OTHERS President Muhammadu Buhari on Tuesday in Abuja signed the 2023 Budget of N21.83 trillion along with the 2022 Supplementary Appropriation Bill into law. Speaking at the signing of the […]
Updates
United Capital Research Investment Views This Week 3rd January 2023 to 6th January 2023
January 3, 2022/United Capital Research Macro Highlight and Outlook Last week, the National Assembly passed the 2023 Appropriation Bill. The budget was increased from the N20.5tn earlier proposed to parliament by the president to N21.8tn. Notably, capital expenditure was increased to N5.9tn from N5.4tn, while the allocation for debt servicing […]
Intraday Update: NGX Positive +0.32%, Buoyed by Consumer Goods Sector
January 3, 2022/InvestmentOne Report ASI as at 12.00pm: +0.32% Top Gainers and Losers: BUAFOODS (+10.00%), CWG (+9.90%), FCMB (-8.83%) and ROYALEX (-8.49%). Sector Performances: Consumer Goods (+3.63%), Banking (-0.21%), Oil and Gas (-0.09%) and Industrial. Market activity: In today’s trade, total volume and value increased by 765% and 35% respectively, […]
