
Investment Advisory Services
Our Investment advisory services provides persionalized investment allocation & guidance for investors
Our Investment advisory services provides persionalized investment allocation & guidance for investors
We assist companies with the reviewing their financial structure with a view to provide assist ..
This Service is provided to Estates of high net worth individuals with quoted securities portfoilo....
We also conduct in house Corporate Finance, Fund Management and Credit Training for Financial Instit
Net interest margin is an important indicator in evaluating banks because it reveals a bank’s net profit on interest-earning assets, such as loans or investment securities.
View up-to-date Market statistics, highlight, indices and trading activities.
OCentral Bank of Nigeria imposition of limits on cash withdrawals taking effect from 9th January, 2023
Publication of World Bank Nigeria Development Update for December 2022 revising downwards by 0.3% its projection of Nigeria’s GDP growth for 2022 and 2023 to 3.1% and 2.9% respectively.
Submission by Nigeria’s President of N819.5 billion 2022 Supplementary Budget to the National Assembly. This will cover additional expenditures on infrastructure destroyed by floods.
Submission of request by Nigeria’s President to the National Assembly to approve the restructuring of N23.7 trillion Central Bank of Nigeria Ways & Means Advances to the Federal Government of Nigeria into 40 years Bond with 3 years moratorium and interest rate of 9% per annum. Ways & Means Advances balance as at 19/12/22 was N22.7 trillion.
Nigeria National Assembly approval of 2023 Federal Government of Nigeria Budget raising spending by N1.32 trillion to N21.82 trillion. The increase includes additional N59.1 billion for the National Assembly, increasing the 2023 Budget of the National Assembly to N228.1 billion. This incorporates additional provision of N30.17 billion for severance pay and inauguration costs of members of National Assembly. Senate also approved the N819.54 billion 2022 Supplementary Budget as proposed by the Executive.
Nigeria Headline Inflation for December 2022 21.34%
Nigeria Real GDP Growth for Q3 2022 2.25%
Federal Government of Nigeria Interest/Revenue percentage 2022 to 30/11/22 70%
Nigeria External Reserves as at 31/10/22 USD36.87 bill.
Nigeria External Borrowings as at 30/9/22 USD39.66 bill
Nigeria Unemployment Rate for Q4 2020 33%
Nigeria Underemployment Rate for Q4 2020 23%
Nigeria Gross Export Revenues in 2022* USD68.2 bill.
Nigeria’s Growth in Export Revenues in 2022* 34%
Nigeria Banking average Lending Non-Performing Ratio October 2022 4.8%
Nigeria Stock Exchange All Share Index growth in 2022 +20%
First Ideas Index (FIL) growth in 2022 +17.7%
Note * World Bank December 2022 forecast. Nigeria’s Export Revenues for 9 months of 2022 was USD48.4 billion.
FG Generated N625bn VAT in Q3 2022 – NBS - According to a report by the National Bureau of Statistics (NBS), the figure represents an increase of 4.21 per cent from the N600.15
Key Highlights · The equities market recorded mixed performance – the listed equities market, NGXASI, recorded a gain of +0.89% WoW and the NASD OTC
Investors Gain N53.74bn as NGXASI Advances Further by 0.20%; Overnight Rate Contracts to 10.25%; BDC Depreciates to 746
Overnight and Open Repo (OPR) The Overnight lending rate expanded by 3.13% to close at 14.13% while the Open Repo (OPR) rate also expanded by 2.75% to close at 13.63%
Investors Lose N33.42bn as NGXASI Declines by 0.13%; Overnight Rate Expands to 11.00%; BDC Depreciates to 737
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Welcome To FirstIdeas Limited,
Kindly Find attached an updated copy of our capital market report last updated (39th of December 2022).
Click here to download Economic Highlights ( last updated 18-1-23 )
Click here to download FIL Report ( last updated 13-1-23 )
Click here to download Banking Ratio( last updated 16-1-23 )
Best Regards,
The First Ideas Team