External broker reports(aggregated public sources), CardinalStone

CardinalStone

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing.

Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

External broker reports(aggregated public sources)

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing. Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

Thematic (Sector/Industry)

Nigeria Financials / Thematic (Sector/Industry)

<ul><li>The domestic economy had an impressive outing in 2024, with the GDP expanding by 3.4% vs. 2.7% in 2023.</li><li>The material improvement was not surprising, as high-frequency data from the CBN—the Business Expectation Survey (BES) and the Purchaser's Manager Index (PMI)—already indicated that the economy was on an upward trajectory.</li><li>After a prolonged downturn in the oil sector, marked by a four-year slump into recession, the industry began to recover in 2024. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The domestic economy had an impressive outing in 2024, with the GDP expanding by 3.4% vs. 2.7% in 2023.The material improvement was not surprising, as high-frequency data from the CBN—the Business Expectation Survey (BES) and the Purchaser's Manager Index (PMI)—already indicated that the economy was on an upward trajectory.After a prolonged downturn in the oil sector, marked by a four-year slump into recession, the industry began to recover in 2024. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CardinalStone Research - GDP Q4 2024