The NGX ASI Inches Up by 0.40% with positive in 4 of the 5 trading sessions of last week.
The NGX ASI closed the week in green after two consecutive negative performances in the previous weeks by 0.40% as it closed positive in 4 of the 5 trading sessions during the week. It increased on the back of buy... Read More →
CBN’s RT200 programme will boost Nigeria’s non-oil sector as a foreign exchange earner.
Recently on February 10, 2022, the Central Bank of Nigeria, at the end of its 364th Bankers’ Committee meeting unveiled “RT200 FX programme, a new FX policy which according to the Governor of the country’s apex bank, Godwin Emiefele is... Read More →
What Is Monetary Policy?
Ever heard of the term monetary policy? In recent times, the governor of the Central Bank of Nigeria, Godwin Emiefele, and other top executives of the apex bank have been in the news almost every quarter of the year, to... Read More →
NIGERIAN’S INFLATION: Headline Inflation Drops to 15.6% in January 2022, Food Inflation increases by 17.13%.
The Consumer Price Index (CPI)/Headline Inflation/All Item Index The Consumer Price Index (CPI), which measures inflation rose by 15.60% Year-on-Year (YoY) in Jan’22. This is 0.03% lower than the rate recorded in Dec’21 (15.63%) and 0.87% lower than Jan’21(16.47%). The... Read More →
Investors Lose N41.82bn WoW as NGX ASI Decrease by -0.16% to Close the Week in Red.
The NGX ASI closed the week in red for the first time this year by 0.16% as it closed negative in 3 of the 5 trading sessions during the week. It declined on the back of selloffs in large caps... Read More →
The NGX ASI improved by 2.33%, with Positive Performance in 3 of the 5 Trading Sessions During the Week.
The NGX ASI closed the week in green by 2.33% as it closed positive in 3 of the 5 trading sessions during the week. It improved on the back of buy pressures in bellwether stocks such as SEPLAT (+10.13%) and... Read More →
EARNINGS UPDATE: BUACEMENT PLC ’21 Financials
Rising prices in cement and increase in sales volume sustain growth Based on the recently released unaudited financials, the remarkable performance in BUACEMENT’s topline was sustained in the FY’21reporting period. The company was able to increase its revenue with a... Read More →