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Morning Flash - Nigeria aims to boost trade, investment with G-24
(Source: Securities Africa Nigeria Research, Date: 19-Apr-2024)

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Market Summary -19/04/2024

 

·         Nigeria

-0.06% USD5.17m; N5.2bn

 

Sectorial Performance

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NIGERIA NEWS

 

Market News:

·         Nigeria aims to boost trade, investment with G-24  "" Punch

·         N7.3tn remitted to Federation Account in six months "" RMAFC  - Punch

·         Transcorp Hotels divests 100% interest in Calabar subsidiary to Eco Travels and Tours Limited  - N-metrics

·         Market sentiment dims as equity suffers N35 billion loss - N-metrics

·         IMF calls for building of fiscal buffers to boost growth  - Vanguard

·         Stocks end near flat as investors assess earnings, data - Reuter

Economy News:

·         Dangote refinery ramps up production with US crude "" Report - Punch

·         NPA secures $700m Citibank facility to rehabilitate Apapa, Tin-Can Ports - Vanguard

·         Data shows CBN not defending naira with FX reserves - BusinessDay

·         FG enforces prices in Abuja supermarkets, plans Lagos, P'Harcourt visits - Punch

 

 

Kind regards,

 

Securities Africa Financial Limited | 5th Floor Skye Bank Building | 30 Marina | Lagos | Nigeria

Main:+234 (909) 440 4638  |

Email: researchng@securitiesafrica.com | Web: www.securitiesafricang.com

 

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