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WEEKLY MARKET UPDATE

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. The metal commodities such as Gold, Silver and Copper however...
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Macroeconomic Update- Inflation

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% recorded in March. This is the eighth consecutive month of...
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Q1 2020 Earnings Update- NB

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 decline of 31.38% when compared with N8.03 billion recorded in...
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