Azeez Lawal

๐๐ข๐ ๐ž๐ซ๐ข๐š๐ง๐ฌ ๐’๐ก๐ฎ๐ง ๐๐š๐ข๐ซ๐š ๐Ÿ๐จ๐ซ ๐…๐จ๐ซ๐ž๐ข๐ ๐ง ๐‚๐ฎ๐ซ๐ซ๐ž๐ง๐œ๐ข๐ž๐ฌ ๐ญ๐จ ๐’๐ญ๐จ๐ซ๐ž ๐–๐ž๐š๐ฅ๐ญ๐ก โ€ฆ ๐๐ฅ๐จ๐จ๐ฆ๐›๐ž๐ซ๐ 

Nigerians Shun Naira for Foreign Currencies to Store Wealth โ€ฆย Bloomberg“The naira has lost 66% of its value since 2009 when it exchanged at 149 naira to the dollar”ย Bloomberg At 18.17%, Nigeriaโ€™s inflation quickened to the highest level in four years in March, more than double the 9% limit of the central bankโ€™s target range and …

๐๐ข๐ ๐ž๐ซ๐ข๐š๐ง๐ฌ ๐’๐ก๐ฎ๐ง ๐๐š๐ข๐ซ๐š ๐Ÿ๐จ๐ซ ๐…๐จ๐ซ๐ž๐ข๐ ๐ง ๐‚๐ฎ๐ซ๐ซ๐ž๐ง๐œ๐ข๐ž๐ฌ ๐ญ๐จ ๐’๐ญ๐จ๐ซ๐ž ๐–๐ž๐š๐ฅ๐ญ๐ก โ€ฆ ๐๐ฅ๐จ๐จ๐ฆ๐›๐ž๐ซ๐  Read More »

Economy, Finance, Business News Headlines and Insights, 21st April 2020

Nigeriaโ€™s Oil Curse Could Become an Opportunityย …ย Bloomberg Just a decade after crude was first discovered in 1957, it was already tearing apart the young country in civil war. Production has never far exceeded the 2.3 million barrels a day hit in 1979, andย wonโ€™t in the foreseeable future. Nigeriaโ€™s oil output was insufficient to spark a …

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Daily Market Scorecard, 19th April 2021

The All-Share Index inched up by 0.10% to close at 38,848.02pts. Market capitalization also gainedto close at N20.33 trillion. Todayโ€™s performance abate  the year-to-date loss of the market to   -3.53%. Except for the Insurance index that closed flat, all other indices gained, with the insurance index leading the chart with a 0.41%  increase. A total …

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Daily Stock Market Scorecard, 14th April 2021

Performance in the equity market declined for the second consecutive day as sell pressure persists. The All-Share Index lost 0.29% to close at 38,601.83, and market capitalization declined to N20.20trillion. Todayโ€™s loss expands the year-to-date loss of the market to -4.14%. The Insurance index gained 0.59% to top the indices chart while Consumer Goods lost …

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Daily Stock Market Scorecard, 30th March 2021

Market Summary Dangote Cement lost 4.04% to pull the All-Share Index down by -0.57%. Todayโ€™s loss brings the year-to-date performance of the market to -2.49%. Market capitalization depreciated by -0.57% to close at N20.54 trillion. The Banking Index led the sectoral indices chart with 0.94% gain while the Industrial Index trailed with -1.90%. A total …

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