Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more... VSPBONDETF 83.15  FTNCOCOA 10.00  TIP 10.00  JULI 9.97  CHAMPION 9.94  PZ 9.93  TRANSCORP 9.93  ACCESSCORP 9.92  STERLINGNG 9.89  UPDC 9.85  BUACEMENT -10.00  CONOIL -10.00  MTNN -9.96  THOMASWY -9.78  SOVRENINS -6.52  MERVALUE -5.80  CORNERST -4.76  NASCON -3.94  FIDELITYBK -3.85  VETINDETF -3.07 
Get IDIA - the stock trading app for the modern investor
Morning Flash - Naira devaluation hits PZ Cussons on multiple fronts, reports 88.2 million FX loss
(Source: Securities Africa Nigeria Research, Date: 08-Feb-2024)

cid:image009.png@01D96614.E1E34F90

 

 

Market Summary - 08/02/2024

 

·         Nigeria

+0.0% USD4.47m; N4.7bn

 

Sectorial Performance

 cid:image002.png@01DA59E7.64B4AA10

 

NIGERIA NEWS

 

Market News:

·         Capital market: Senate to review legislative frameworks to boost listings, curb tax evasion  - https://nairametrics.com/2024/02/07/capital-market-senate-to-review-legislative-frameworks-to-boost-listings-curb-tax-evasion/

·         Investors lose N437b amid depreciation in MTNN, Tier-1 banks  "" https://guardian.ng/investors-lose-n437b-amid-depreciation-in-mtnn-tier-1-banks/business-services/

·         Naira devaluation hits PZ Cussons on multiple fronts, reports £88.2 million FX loss - https://nairametrics.com/2024/02/07/naira-devaluation-hits-pz-cussons-on-multiple-fronts-reports-88-2-million-fx-loss/

·         Forex turnover falls 56.17% to $203 despite CBN's current policies "" https://nairametrics.com/2024/02/08/forex-turnover-falls-56-17-to-203-million-despite-cbns-current-policies/

·         Amid hitches, Nigeria's e-payment transactions hit N600 trillion "" https://guardian.ng/amid-hitches-nigerias-e-payment-transactions-hit-n600-trillion/business-services/

 

Economy News:

·         Blue Economy can add $500bn to Nigeria's economy "" Opuala-Charles "" https://nairametrics.com/2024/02/07/blue-economy-can-add-500bn-to-nigerias-economy-opuala-charles/

·         Interest rates to rise as CBN sell record N1 trillion in Wednesday's Treasury Bill auction - https://nairametrics.com/2024/02/07/interest-rates-to-rise-as-cbn-sell-record-n1-trillion-in-wednesdays-treasury-bill-auction/

·         NNPCL spends N267.98 billion on security as oil operators struggle - https://guardian.ng/nnpcl-spends-n267-98-billion-on-security-as-oil-operators-struggle/business-services/

·         Reps claim four banks have $5 billion excess FX, to probe non-compliance to CBN's directives - https://nairametrics.com/2024/02/08/reps-claim-four-banks-have-5-billion-excess-fx-to-probe-non-compliance-to-cbns-directives/

·         United Capital backs CBN on stakeholder collaborations - https://punchng.com/united-capital-backs-cbn-on-stakeholder-collaborations/

·         Cashless transactions rise to N611tn "" NIBSS - https://punchng.com/cashless-transactions-rise-to-n611tn-nibss/

·         Disney+ loses 1.3 million subscribers, falls short by $300million in revenue "" https://nairametrics.com/2024/02/08/disney-loses-1-3-million-subscribers-falls-short-by-300million-in-revenue/

 

 

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

 

cid:image001.png@01D12B69.55105830

 

Top News

DAILY PRICE LIST - 01-03-2024

SECURITIES AFRICA NIGERIA RESEARCH
01-Mar-2024 18:11:56.000

CardinalStone Research: Banking Sector Update - Impact of ongoing monetary reforms and the banking sector

CARDINALSTONE RESEARCH
01-Mar-2024 18:09:46.000

MTN Earnings Update

SAMTL
01-Mar-2024 18:06:07.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (01-Mar-2024 15:07:58.855)

INFOWARE TERMINAL
01-Mar-2024 15:07:58.000

InfoWARE Analyst Daily Market Report (01-Mar-2024 15:07:53.851)

INFOWARE TERMINAL
01-Mar-2024 15:07:53.000

Daily Business News Brief

GLOBALVIEW CAPITAL LIMITED
01-Mar-2024 11:15:01.000

Media Highlights 01-03-2024

CARDINALSTONE RESEARCH
01-Mar-2024 11:10:39.000

BUA Cement - FY 2023 QUICK TAKE

CSL RESEARCH
01-Mar-2024 11:08:38.000

Arthur Stevens : DAILY NEWS FLOW 1st March, 2024

ARTHUR STEVENS ASSET MANAGEMENT
01-Mar-2024 09:57:50.000

CSL Nigeria Daily - 01 March 2024

CSL RESEARCH
01-Mar-2024 09:44:57.000

CardinalStone Earnings Update - Seplat Energy Plc FY'23 audited results - SEPLAT joins the billion-dollar revenue club in FY23

CARDINALSTONE RESEARCH
29-Feb-2024 16:13:00.000

Daily Price List for 29th February 2024

ARTHUR STEVENS ASSET MANAGEMENT
29-Feb-2024 16:11:35.000

Daily Price List 29-02-24

CARDINALSTONE RESEARCH
29-Feb-2024 16:09:09.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (29-Feb-2024 15:09:20.936)

INFOWARE TERMINAL
29-Feb-2024 15:09:20.000

InfoWARE Analyst Daily Market Report (29-Feb-2024 15:09:12.063)

INFOWARE TERMINAL
29-Feb-2024 15:09:12.000

Coronation Research Daily Insights

CORONATION RESEARCH
29-Feb-2024 13:11:25.000

Media Highlights 29-02-2024

CARDINAL STONE RESEARCH
29-Feb-2024 12:39:02.000

Morning Flash - Naira rises to 1,609/$ at official market

SECURITIES AFRICA NIGERIA RESEARCH
29-Feb-2024 12:10:54.000

Arthur Stevens : DAILY NEWS FLOW 29th February, 2024

ARTHUR STEVENS ASSET MANAGEMENT
29-Feb-2024 11:41:27.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (28-Feb-2024 15:16:54.005)

INFOWARE TERMINAL
28-Feb-2024 15:16:54.000

InfoWARE Analyst Daily Market Report (28-Feb-2024 15:16:41.880)

INFOWARE TERMINAL
28-Feb-2024 15:16:41.000

Coronation Research Daily Insights

CORONATION RESEARCH
28-Feb-2024 12:33:37.000

CSL Nigeria Daily - 28 February 2024

CSL RESEARCH
28-Feb-2024 12:30:00.000

Morning Flash - CBN begins weekly sale of $15.7m to 785 BDCs

SECURITIES AFRICA NIGERIA RESEARCH
28-Feb-2024 12:19:46.000

Daily Business News Brief

GLOBALVIEW CAPITAL LIMITED
28-Feb-2024 10:02:08.000

Daily Price List for 27th February 2024

ARTHUR STEVENS ASSET MANAGEMENT
27-Feb-2024 16:48:46.000

Daily Price List 27-02-24

CARDINALSTONE RESEARCH
27-Feb-2024 16:46:46.000

Closing Share Prices as at Tuesday, 27th of February 2024

AFRINVEST RESEARCH
27-Feb-2024 16:43:35.000

MARKET PERFORMANCE REPORT

GLOBALVIEW CAPITAL LIMITED
27-Feb-2024 16:41:59.000

BREAKING: CBN HIKE MPR BY 4.00%

SECURITIES AFRICA NIGERIA RESEARCH
27-Feb-2024 16:37:05.000
Get IDIA - the stock trading app for the modern investor
Company
Contacts
  • 8th Floor,
  • South Atlantic Petroleum Towers,
  • 1 Adeola Odeku Street,
  • Victoria Island,
  • Lagos, Nigeria.

  • Email: solutions@infowarelimited.com
Follow Us
 
facebook twitter skype youtube
Market data may be delayed up to 15 minutes