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Rising Domestic Debt Service Stirs Stakeholder Concern

June 27, 2024/FBNQuest Research We continue discussing the Federal Government of Nigeria’s (FGN) public debt profile, focusing on debt service. According to data from the Debt Management Office (DMO), the FGN’s domestic debt service increased by 13% Y-o-Y to N989bn in Q1 2024. The figure marks the highest domestic debt […]

NGX Launches Digital Web Application (NGX Invest) for Public Offers, Rights Issues

June 27, 2024/NGX Nigerian Exchange Group Plc (NGX) announced the launch of NGX Invest, a cutting-edge web application designed to transform the primary market equity capital-raising process, specifically public offers and rights issues. This innovative platform aims to enhance efficiency and ensure regulatory compliance for all stakeholders in the capital market. […]

The All-Commodity Terms of Trade (ToT) Index

June 27, 2024/CSL Research According to the Commodity Price Indices and Terms of Trade for Q1 2024 released by the Nigerian Bureau of Statistics (NBS), the All-Commodity Group Import Index for Q1 2024 was up by 0.51% between January 2024 – March 2024. This rise was primarily attributed to increases […]