Tinubu names Dangote, Elumelu, and others members of economic advisory committee
President Bola Tinubu on Sunday, inaugurated an Economic Advisory Committee made of up eminent players in the economic sector, including Aliko Dangote, Tony Elumelu, among others. The committee which was set up to help the Tinubu’s administration tackle the myriad of economic challenges faced by the federal government, was charged by the President to come up […]
CFG AFRICA MACROECONOMIC HIGHLIGHTS 13062025
FG to revoke dormant oil licences with new policy – The Nigerian Upstream Petroleum Regulatory Commission has told oil producers that it is set to implement the ‘drill or drop’ policy. The Chief Executive of the NUPRC, Gbenga Komolafe, disclosed this when he received a delegation from the Independent Petroleum Producers Group at the commission’s […]
CFG DAILY MARKET REPORT FOR JUNE 10TH 2025
CFG_DMR_10TH-June-2025 (1)
CFG Daily Market Report
CFG_DMR_10TH-June-2025 (1)
CFG AFRICA MACROECONOMIC HIGHLIGHTS 04062025
Investors gain N1.9tn on NASD in one week – Investors on the NASD Over-the-Counter Securities Exchange recorded a N1.90tn gain last week as the market capitalization rose by 1.86 per cent. According to the NASD weekly report for the week ended May 30, the NASD OTC market capitalization increased from N1.87tn in the previous week […]
CFG DAILY MARKET REPORT
CFG_DMR_2nd-June-2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 02062025
FX pushed cost of imported raw materials to N6.64trn in 2024 – The cost of imported raw materials surged by 118 per cent to N6.64 trillion in 2024 alone due to the depreciation of the exchange rate, Manufacturers Association of Nigeria (MAN) has disclosed. The Director General of MAN, Segun Ajayi-Kadir, disclosed this while delivering […]
CFG AFRICA MACROECONOMIC HIGHLIGHTS 28052025
Airtel, insurance stocks push market cap beyond N70tn – The Nigerian Exchange closed on a bullish note on Tuesday as the equities market capitalisation surged past the N70tn mark, following renewed investor interest in heavyweight stocks like Airtel Africa and key players in the insurance sector. At the close of trading, the All-Share Index rose […]
CFG Daily Market Report
CFG_DMR_27th May_2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 23052025
Raising economic growth with MPC decisions – The Monetary Policy Committee’s decision to retain the benchmark interest rate at 27.5 per cent, as expected, has triggered various reactions, FELIX OLOYEDE reports The Monetary Policy Committee tightening measures have constituted significant levers pulling inflation down. By retaining the benchmark interest rate at 27.5 per cent, leaving […]
CFG DAILY MARKET REPORT
CFG_DMR_22 May_2025
