Month: May 2023
NGXASI breaks New historical record
The NGX All Share Index’s historical 5.2% single-day leap represents a momentous turning point in the Nigerian stock market. The index closed at 55,745.74 points after opening the day at 52,973.88. A remarkable recovery, this event saw the NGXASI effectively recouping all the losses it had suffered within the previous two months. The impressive NGXASI […]
A Comparative Analysis of the Key Economic Policies of the New Nigerian Government
The Nigerian economy has recently undergone numerous changes with the advent of the new government’s objectives and strategies. Tackling economic challenges that have hampered growth and development in Nigeria, the new administration’s economic policies aim to alleviate the barriers that previously inhibited the progress of the nation. The new government of Nigeria headed by President […]
TRW WEEKLY ANALYSIS FOR MAY 25, 2023
The NGXASI experienced a notable market movement, marking an increase of 603.8 points closing the week at 52,972.90 points, up from its previous close of 52,369.10 points. The market saw 75 stocks as gainers, 22 losers, and 39 unchanged in terms of price. These statistics highlight an overall positive trend in the market, indicative of […]
Business News for May 28, 2023
Focus on CBN’s monetary policy, exchange rate, price stability targets The financial sector remains a game changer in nation building. Its ability to provide credit to private and public enterprises keeps it ahead of other sectors of the economy. Regulators Nation newspaper How In-Coming Govt Must Tackle Rising Debt Amid Higher Interest Rates SYLVESTER ENOGHASE […]
Manufacturing contribution to GDP falls to 10.13% – Report
Edidiong Ikpoto The Real contribution to GDP in the first quarter of 2023 was 10.13 per cent, lower than the 10.20 per cent recorded in the corresponding period of last year, findings by The PUNCH show. The latest report by the National Bureau of Statistics shows that the first quarter’s Gross Domestic Product figure was […]
Corporate Disclosures for May 25, 2023
Company Disclosures Date Submitted NCR (NIGERIA) PLC. NCR (NIGERIA) PLC – RESOLUTIONS PASSED AT 71ST AGM May 25th 2023 NOTORE CHEMICAL INDUSTRIES PLC NOTORE CHEMICAL INDUSTRIES PLC-BOARD CHANGES NOTIFICATION May 25th 2023 BETA GLASS PLC BETA GLASS PLC- NOTICE OF ANNUAL GENERAL MEETING (AGM) May 25th 2023 ACCESS HOLDINGS PLC ACCESS HOLDINGS PLC – RESOLUTIONS […]