CFG AFRICA MACROECONOMIC HIGHLIGHTS 09/09/2025
Naira appreciates at N1506 amidst reduced FX pressure – The Nigerian local currency, the naira, appreciated to N1,506 per dollar at the official window even as the nation’s foreign reserves reached $41.500 billion. This is according to the Nigeria Foreign Exchange Market (NFEM) update released by the Central Bank of Nigeria (CBN), indicating spot rate […]
CFG DAILY MARKET REPORT FOR SEPTEMBER 8TH 2025
CFG_DMR_08-SEP-2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 08/09/2025
No plan to shut petrol unit — Dangote refinery – The Dangote Petroleum Refinery has denied a report that it could shut its petrol unit for two to three months. The spokesman of the Dangote Group, Anthony Chiejina, described the report as “fake”. Reuters had reported that the petrol unit at the 650,000 barrel-per-day Dangote […]
CFG WEEKLY MARKET REPORT
CFG WEEKLY MARKET REPORT SEPT 1ST-4TH 2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 03/09/2025
Marketers continue imports as Dangote petrol arrives US – The Dangote Petroleum Refinery last week made its first Premium Motor Spirit (petrol) shipment to the United States, while local marketers insisted on fuel importation. This confirmed earlier reports that the refinery is exporting more fuels following the shutdown of some foreign refineries for maintenance. According […]
CFG DAILY MARKET REPORT FOR SEPTEMBER 2ND 2025
CFG_DMR_02-SEP-2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 02/09/2025
Europe stocks steady as Chinese tech surges – Shares in Europe remained steady on Monday, as Chinese technology stocks surged, while European long-dated bonds faced heavy pressure, according to Reuters. Europe’s broad STOXX 600 index gained 0.1 per cent, initially boosted by improved manufacturing data, though the positive momentum eased later in the day. In […]
CFG DAILY MARKET FOR SEPTEMBER 1ST 2025
CFG_DMR_01-SEP-2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 27/08/2025
Market capitalisation jumps N203bn as stocks extend rally – The Nigerian Exchange extended its bullish momentum on Tuesday as investors gained N203bn, pushing the market capitalisation to N89.7tn at the close of trading. The benchmark All-Share Index rose by 321.59 points, or 0.23 per cent, to settle at 141,761.36 compared with 141,439.77 recorded on Monday. […]
“The Loop” July Edition
THE LOOP July EDITION 2025_FF