February 7, 2025/CSL Research Based on data from the International Monetary Fund (IMF), Nigeria’s Gross Domestic Product per capita declined to US$835.49 in 2025 from US$877.07 in 2024, indicating a 4.74% dip. The IMF data shows a sustained downtrend since 2014, when the GDP per capita stood at a high […]
Updates
United Capital Weekly Pan African Monitor Friday 7-February-2025
February 7, 2025/United Capital Research Anglophone West Africa (WAEMU) Nigeria Tinubu raises 2025 budget from N49.7 trillion to N54.2 trillion amid additional revenue gains President Bola Tinubu has revised the proposed 2025 budget upwards, increasing it from N49.70tn to N54.20tn. This adjustment comes on the back of additional revenue inflows […]
Intraday Update: Nigerian Stocks Inch Up +0.29%, Driven by Bellwether Counters
February 7, 2025/InvestmentOne Update ASI as at 12.00pm: +0.29% Top Gainers and Losers: UPDC (+9.75%), FIDSON (+9.42%), FTNCOCOA (-4.79%) and TANTALIZER (-3.85%). Sector Performances: Banking (+0.76%) Industrial (+0.32%), Oil & Gas (+0.02%) and Consumer Goods. Market activity: In today’s trade, total volume advanced by 3% while total value declined by […]
