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Nigerian Stocks End 2025 First Week Bullish +1.4%, Driven by Bellwether Gains

The domestic bourse closed the week on a positive note, driven by gains in BUAFOODS (+5.1%), MTNN (+3.1%), and WAPCO (+3.6%). As a result, the All-Share Index (ASI) advanced by 1.4% w/w to 103,586.33 points, with the Year-to-Date return settling at +0.6%. January 3, 2024/Cordros Report Global According to the […]

Liquidity Crunch in the Interbank Money Market

January 3, 2025/CSL Research In 2024, Nigeria faced a significant liquidity crunch in its money market, posing substantial challenges for financial institutions, businesses, and the broader economy. According to the Central Bank of Nigeria’s (CBN) Q3 2024 Economic Report, this liquidity shortfall was driven by a combination of monetary tightening, […]

Intraday Update: Nigerian Stocks Inch Up +0.27%, Buoyed by Blue Chips

January 3, 2025/InvestmentOne Update ASI as at 12.00pm: +0.27% Top Gainers and Losers: ABBEYBDS (+10.00%), NEM (+10.00%), INTBREW (-5.45%) and JOHNHOLT (-3.72%). Sector Performances: Banking (+0.85%), Oil & Gas (+0.11%), Industrial (+0.02%) and Consumer Goods (-0.37%). Market activity: In today’s trade, total volume and value rose by 29% and 40% […]