FCSL WEEKLY REPORT-4TH OCTOBER, 2019

ECONOMY ECONOMY STATES’ REVENUES RISE BY 46.11% TO N1.6TN Revenue generated from the state within the last two years (2016-2018) rose by 46.11% to N1.6tr from N800.02bn, this appreciation was attributed to improved government economic policies that resulted in expansion of the nation’s tax base from 10 million to 20 million national tax base, with…

FCSL MARKET REPORT -7TH OCTOBER, 2019

Equities Market The Nigerian Equity Bourse decline continued as NSE ASI and Market capitalization both decline further by 0.45% to 26,866.41 Index Points and N13,078.45Tr respectively. Year-to-Date ASI is still at a Negative of 14.52%. Volume, Value of trades and No of trades all decline by 9.25%, 45.56% and 6.18% to 151.715 Volume traded, N1,504.25…