Insights – Page 3 – PFI Group

Nigerian Bourse Closes the Week Negative as NGX Declines by 0.96% WoW.

Date21 Feb 2023

Comment0

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...

Performance Review of the Economic Recovery and Growth Plan

Date21 Mar 2014

Comment0

Performance Review of the Economic Recovery and Growth Plan The Economic Recovery and Growth Plan (ERGP) is a medium term planned for 2017 to 2020 developed to restore Nigeria’s economic...

WEEKLY MARKET UPDATE

Date03 Dec 2013

Comment0

Commodities The commodities under our radar closed in a mixed territory last week with the energy commodities recording weekly decline due to the fear of the second wave of COVID-19....

Implications of Nigeria’s Consumption Expenditure Pattern

Date03 Dec 2013

Comment0

Implications of Nigeria’s Consumption Expenditure Pattern The latest consumption expenditure data from the NBS shows that Nigerians spent N40.21 trillion on food and non-food items in 2019, of which expenditure on...

Weekly Market Update

Date03 Dec 2013

Comment0

Commodities The commodities under our radar closed in a positive territory (safe Gold) last week with Brent gaining the highest as demand for oil keeps building up due to gradual...

Crude Oil Production Cut will be a Major Catalyst to Nigeria’s Negative Growth in Q2’20

Date03 Dec 2013

Comment0

Crude Oil Production Cut will be a Major Catalyst to Nigeria’s Negative Growth in Q2’20 Latest GDP data from the NBS indicates that the Nigerian economy grew at a slower...

Macroeconomic Update- Inflation

Date10 Nov 2013

Comment1

A Continuous Rise in Headline Inflation The April 2020 Consumer Price Index (CPI) report released by the NBS shows that Nigeria’s inflation rate increased by 8bps to 12.34% from 12.26%...

Q1 2020 Earnings Update- NB

Date03 Oct 2013

Comment0

Q1 2020 Earnings Update- NB Growth in Input Cost without Growth in Profit Nigerian Breweries Plc (NB) Q1’20 Results- NB recorded a Profit After TAX (PAT) of N5.51 billion, representing significant...