Monthly Archives: June 2022

Petrol scarcity has caused residents in Lagos to spend hours waiting on queues in filling stations at various locations in the state. The number of commercial vehicles plying the roads was less compared to a regular business day, leaving many passengers stranded at various bus stops. While some were forced to pay extra fares for transportation, others […]

The Nigerian stock market on Monday further declined as Dangote Cement and other 30 stocks shed weight, pushing the All Share Index down by 1.97% to close at 50,756.74 points from 51,778.08 points recorded last Friday. The market capitalisation closed at N27.363 trillion, shedding 551 billion from N27.914 trillion recorded in the last session. An aggregate of[…]

Profit taking on the floor of the Nigerian Exchange in the past couple of days has brought prices of many stocks down, thereby creating new entry opportunities for discerning investors. In the last edition of this publication, we did Q2 earnings forecast for banking stocks. We shall continue our forecast this week with focus on select manufacturing[…]