November 6, 2024/Coronation Research Summary Market liquidity closed at N398.3bn on Friday (1 Nov ‘24). Call, overnight, and repo rates closed within the range of 5.80% – 19.68% as rates in the market narrowed Last week, average yields on Nigeria Treasury Bills increased by 4 basis points to 24.22% pa. […]
Updates
Dangote, a Pillar of Strength for Nigeria’s Industrial Growth-LCCI
…” We are committed to Diversification of Nigeria’s Economy” November 6, 2024/Dangote Group Dangote Industries Limited (DIL) has restated its commitment to driving the diversification of Nigeria’s economy for growth and job prospects through strategic investments. This is just as the Lagos Chamber of Commerce and Industries (LCCI) described the […]
Yet Another Grid Collapse
November 6, 2024/CSL Research Yesterday, Nigeria’s national power grid experienced its ninth collapse of the year, resulting in a nationwide blackout that affected all 22 operational generation companies (GenCos) according to news reports. This latest outage underscores persistent issues in Nigeria’s power sector, which continues to grapple with instability, inadequate […]
