Updates

Q2-2024 Foreign Trade in Statistics Report: Trade Surplus Expands Further

September 12, 2024/United Capital Report According to the Q2-2024 Foreign Trade Statistics Report released by the National Bureau of Statistics (NBS), Nigeria’s total trade merchandise printed at N31.9tn, down 3.8% q/q compared to its N33.1tn print in Q1-2024. However, on a yearly basis, the country’s total trade climbed by 150.4% […]

Intraday Update: Nigerian Stocks Gain +0.37%, Driven by Bellwether Counters

September 12, 2024/InvestmentOne Update ASI as at 12.00pm: +0.37% Top Gainers and Losers: CAVERTON (+10.00%), NESTLE (+9.88%), SOVRENINS (-8.96%) and UNIVINSURE (-7.69%). Sector Performances: Banking (+1.26%), Consumer Goods (+1.19%), Industrial (+0.01%), and Oil & Gas (-0.04%). Market activity: In today’s trade, total volume and value declined by 42% and 3% […]

Nigeria’s Trade Surplus Increases Further in Q2

September 12, 2024/CSL Research Data from the recent Foreign Trades report by the National Bureau of Statistics (NBS), shows that Nigeria’s total merchandise trade stood at ₦31,892.46 billion in Q2 2024, a decrease of 3.76% q/q over the value recorded in Q1 2024. Conversely, this was a rise of 150.39% […]