Crude oil prices are expected to remain highly sensitive to geopolitical developments in the near term with market direction driven largely by risk perception rather than...
The outlook for Nigerian equities remains positive in the near term, supported by sustained investor interest, portfolio rebalancing activities, and continued positioning ahead of full-year earnings...
According to the latest monthly report released by Nigeria’s Pension Commission (PENCOM), the assets under management (AUM) of the regulated pension industry increased by +26.2% y/y...
In its latest World Economic Outlook (WEO), the IMF revised its global growth forecast for 2024 upward to 3.2% y/y from 3.1% y/y projected in its...
The latest report from the National Bureau of Statistics (NBS) in its series on foreign trade in goods shows the total value of trade grew by...
The DMO held its monthly auction of FGN Bonds on Monday (29 January ’24). It offered N360bn but raised N418.2bn through re-openings of the 16.29% FGN...
The 2024 FGN Budget, titled “Budget of Renewed Hope,” was signed by President Bola Ahmed Tinubu on 02 January’24. There were a few revisions made. The...
According to the latest data released by the Nigerian Communications Commission (NCC), internet subscriptions stood at 159 million in August ’23, reflecting a 4.4% y/y increase....
According to Nigeria’s Debt Management Office (DMO), total public debt increased by 75% q/q or N38.5trn to N87.4trn at end-June ’23. On a y/y basis, public...
The mining sector is a crucial component of the industrial value chain, providing essential raw materials for the manufacturing and construction sectors. Similar to the oil...