29
AugThe Nigerian equity market on Monday closed higher as the All Share Index advanced by 0.90% to settle at 66,151.38 points from the previous close of 65,558.91 points. Investors gained 324 billion as the Market Capitalisation was up by 0.90% to close at N36.205 trillion from the previous close of N35.881 trillion. An aggregate of 311 million […]
28
AugThe stock market last week closed on a positive note with 1.29% growth. Year to date the market has returned 27.92% with the All Share Index and Market Capitalisation at 65,558.91 points and N35.881 trillion respectively. In a stock market review with Mr. Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The market last week closed[…]
28
AugRecent report by the National Bureau of Statistics revealed that Nigeria Gross Domestic Product (GDP) grew to 2.51% in real terms in the second quarter of 2023 from 2.31% reported in Q1 2023. This growth rate is lower than the 3.54% recorded in the second quarter of 2022 and may be attributed to the challenging economic conditions[…]
