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UBA Delivers Blockbuster FY23 Results amid a Challenging Macroeconomic Backdrop

FSDH Initial Reaction: United Bank for Africa FY23 results  Kindly click here to download the report. April 15, 2024/FSDH Research Key Performance Highlights: The United Bank for Africa posted solid financial results for FY23 despite soaring inflation and currency depreciation ravaging key markets amidst pockets of regional conflicts and security […]

Nigeria’s Crude Oil Production Down by 7% M/M in March

April 15, 2024/CSL Research Based on the latest report from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s average crude oil production dropped by 7.00% to 1.23 million bpd (ex-condensates) in March 2023 from 1.32mbpd in February, marking the second consecutive month on month decline, after reaching a 2-year high […]

United Capital Research Investment Views This Week, 15th April to 19th April 2024

April 15, 2024/United Capital Report Global Markets: Dampened Expectations of a Possible US Rate Cut in June Last week, the global equities market closed on a negative note. The downside bias was driven by weaker-than-expected economic data releases, a recalibration of rate cut expectations, and increased geopolitical tensions. Reports that […]