Insights – Page 3 – PFI Group

Seplat Energy Declares US3 Cents Interim Dividend Amid 59.3% Dip in PBT

Date28 Jul 2023

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Seplat Energy Plc has announced that it would pay its shareholders and interim dividend (H1’2023) of United State Three Cents (US3 Cents), despite a sharp decline in Profit Before Tax...

CBN Raises MPR to 18.75%, for the 4th Time in 2023.

Date26 Jul 2023

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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria, #CNB has voted to raise the benchmark #interest rate, the Monetary Policy Rate (MPR), by 25 basis points to...

Unilever Plc Exhibited Negative Performance In Q’2 2023, PAT Down -85.47%

Date25 Jul 2023

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As rising #inflation, interest rates, and the cost of doing #business, continue to threaten businesses in #Nigeria, #Africa, and around the world, #Unilever Plc could not protect itself from the...

Nigerian Bourse Gains N1.33 Trillion to End the Week Bullish

Date24 Jul 2023

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The Nigerian equities market last week recorded a bullish performance as the value of listed stocks appreciated by 3.89% (N1.33 trillion). The NGX All-share Index & Market Capitalization appreciated by...

The Nigerian Equities Market Pointed Northwards on Thursday as Investors injected over N94.47 billion into stocks.

Date20 Jul 2023

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Nigerian Equities Market pointed northwards on Thursday as investors injected over N94.47 billion into stocks, (UBA N13.306 billion). The NGX All-Share Index appreciated by 0.27% to close at N63,930.72 from...

Investment Strategy Report for Half Year 2023

Date19 Jul 2023

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It has been an eventful first half of 2023 for the global and local markets, with concerns ranging from bank failures in the U.S. and in Switzerland, rising inflation in...

A collection of food items. fruits, grains and bread

Rising Food and Energy Prices Drive Nigeria’s Inflation to 22.79% in June’23

Date18 Jul 2023

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Headline Inflation Rising prices of food items, occasioned by petrol subsidy removal, among others, have driven the rate of inflation to an all-time high, 22.79% compared with 22.41% in May’23....

US Inflation Down to 3% in June 2023

Date12 Jul 2023

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The Federal Reserve may likely pause rate hikes as #inflation continue to ease. The prices of #US goods and services hit a two-year low in June, a sign that inflation...