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Losses in DANGSUGAR, SEPLAT, and Others Drive Nigerian Equities to Negative Territory as Market Capitalisation Records 1.20bps Decline.

Trading on the floor of the Nigerian Equities Market depreciated on Friday, March 31, 2023, as twin indicators, The All-share Index & Market Capitalization declined by 1.20%, to close at 54,232.34 points and N29.544 trillion respectively, which brought about 5.82%...
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Nigeria’s Inflation Prints at 21.91%, Driven by Naira Scarcity, Price of food items.

The Consumer Price Index (CPI)/Headline Inflation/All Item Index The Consumer Price Index (CPI), which measures inflation, rose by 21.91% Year-on-Year (YoY) in Feb’23, representing the second consecutive acceleration after moderating in December 2022. This is 0.09% higher than the rate recorded in...
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Nigerian Headline Inflation Test New Highs to Print at 21.82%

The Consumer Price Index (CPI)/Headline Inflation/All Item Index The Consumer Price Index (CPI), which measures inflation, rose by 21.82% Year-on-Year (YoY) in Jan’23, representing the first acceleration after moderating in December 2022. This is 0.47% higher than the rate recorded in Dec...
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