CFG AFRICA MACROECONOMIC HIGHLIGHTS 30/07/2025
IMF upgrades Nigeria’s growth projection to 3.4% – The International Monetary Fund (IMF) has upwardly reviewed Nigeria’s 2025 economic growth forecast to 3.4%, showing 0.4 percentage point increase from the 3.0% projection in its April 2025 World Economic Outlook (WEO). This revision outlined in the IMF’s latest July 2025 WEO Update titled, “Global Economy: Tenuous […]
CFG DAILY MARKET REPORT
CFG_DMR_29th-July-2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 29/07/2025
NGX market cap crosses N85tn as investors eye Q2 earnings – The Nigerian Exchange gained N22.14tn in market capitalization in H1 2025, pushing its valuation to N85.46tn, driven by investor confidence and improving macroeconomic conditions, writes TEMITOPE AINA. The Nigerian Exchange Limited continued its bullish trajectory in the first half of 2025, recording a N22.14tn […]
CFG DAILY MARKET REPORT
CFG_DMR_28th-July-2025
CFG WEEKLY MARKET REPORT FOR JULY 21ST-25TH 2025
CFG WEEKLY MARKET REPORT_21st_ JULY_2025 TO 25th_JULY_2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 28/07/2025
Real estate sector surges to N41.3tn, boosts economy – Stakeholders have commended the recent GDP rebasing, noting that the real estate sector’s valuation has climbed to N41.3tn, highlighting its rising contribution to the nation’s economy. The contribution of Nigeria’s real estate sector to the economy surged to N41.3tn in 2024, making it the country’s third-largest […]
CFG DAILY MARKET REPORT FOR JULY 24TH 2025
CFG_DMR_24th-July-25
CFG AFRICA MACROECONOMIC HIGHLIGHTS 25/07/2025
Dangote refinery to hit 700,000bpd by December – Report – The nameplate capacity of the Dangote Petrochemical Refinery is projected to reach 700,000 barrels per day by December 2025, marking a major milestone in Nigeria’s refining capacity, a new report by Argus Media has revealed. According to the report, the increase represents a 50,000bpd boost […]
CFG AFRICA MACROECONOMIC HIGHLIGHTS 23/07/2025
Debt-to-GDP ratio drops to 39.4% after GDP rebasing – The Nigerian stock market extended its bullish trend on Tuesday, recording a gain of N396bn in market capitalization amid renewed investor interest across key sectors. The All-Share Index of the Nigerian Exchange Limited rose by 0.71 per cent to close at 99,793.71 points, compared to the […]
CFG DAILY MARKET REPORT
CFG_DMR_22nd-July-2025