Nigerian Bourse Sustains Bullish Momentum, as NGX ASI gained 1.06% WoW.
Last week, Nigerian Stock Exchange sustained its bullish momentum, as the NGX ASI gained 1.06% WoW, closing positive in three of the five trading sessions. Buy-interest in large-cap stocks such as GEREGU (+27.45%), and BUAFOODS (+10.50%) drove the local bourse... Read More →
Nigerian Headline Inflation Test New Highs to Print at 21.82%
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Date24 Feb 2023
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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... Read More →
Nigerian Bourse Closes the Week Negative as NGX Declines by 0.96% WoW.
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Date21 Feb 2023
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Last week, the bears suppressed the bulls in the local bourse, as the NGX ASI sheds 0.96% WoW, closing negative in one of the five trading sessions. Profit-taking in large-cap stocks such as AIRTELAFRI (-6.02%), and FBNH (-1.70%) drove the... Read More →
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