—–NGXASI stands at +35.52% (YTD); Naira depreciated by 1.57% to close at ₦1,627.40 March 8, 2024/Futureview Research Click here to download the full report EQUITIES MARKET: The Nigerian equities market closed the final trading session of the week in positive territory as bulls continued to dominate throughout the week, marking […]
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Nigeria Policy Tightening is a Step Towards Addressing Economic Challenges
March 8, 2024/Fitch Ratings The recent 400bp increase, to 22.75%, in Nigeria’s monetary policy rate (MPR) marks progress in the country’s efforts to contain inflation and support a more market-determined exchange rate, though real rates remain negative and the exchange rate is still subject to downward pressure, says Fitch Ratings. […]
Tackling Poor Utilization in the Power Sector
March 8, 2024/FBNQuest Research Today, we look at developments in the electricity sector. According to the United States Agency for International Development (USAID), Nigeria has the capacity to produce 12,522MW of electricity from its current power infrastructure. However, recent data from Nigerian Electricity Supply Operators suggest a peak power generation […]
