INFLATION: Rise in Food Prices Pushes Nigeria’s Inflation to 22.41% in May 2023.
/
Date15 Jun 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
The Nigeria Bureau of Statistics (MBS) says that the headline inflation rate for Nigeria in May increased to 22.41% relative to the April 2023 figure of 22.22%. This was contained in the report released by the statistics office on Thursday,... Read More →
Nigeria’s Naira Float: Effects on Foreign Education.
/
Date15 Jun 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
The Central Bank of Nigeria (CBN) on Wednesday, June 14, issued a directive to banks to remove the cap on the Investors’ and Exporters’ (I & E) window thus allowing for the free float of the naira exchange rate. This means... Read More →
Nigerian Student’s Loan Act: key things you should know about the new Act and how to access the student loan.
/
Date13 Jun 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
President Bola Tinubu on Monday, June 12, 2023, signed into law the Students Loan Bill, thus ushering in a transformative era for educational funding in Nigeria. The new law which provides for the establishment of an education bank, offers interest-free... Read More →
Sustained buy-interest in Oil and Gas Stocks lifts Nigerian Bourse as NGX ASI gains 5.37% WoW.
/
Date05 Jun 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
Sustained buy-interest lifts the domestic Bourse last week, as the NGX ASI gain 5.37% WoW, closing positive in all of four trading sessions. Buy-interest in large-cap stocks such as CONOIL (+45.78%), ETERNA (+32.14%), and JAIZBANK (+30.00%) sustained positive performance. Hence,... Read More →
Bargain-Hunting in FTNCOCOA, RTBRISCOE, and TRANSCORP Lifts NGX by 1.51% WoW.
/
Date30 May 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
The Local Bourse, last week, appreciated as the NGX ASI gain 1.51% WoW, closing positive in four of five trading sessions. Bargain-hunting in large-cap stocks such as FTNCOCOA (+54.55%), RTBRISCOE (+40.74%), and TRANSCORP (+16.29%) sustained positive performance. Hence, at 52,973.88... Read More →
Buy-interest in DANGSUGAR, BUAFOOD, and others, Boosts Bourse as NGX ASI gained 2.04% WoW.
/
Date02 May 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
The Nigerian Equities market last week closed higher, as the NGX ASI gained 2.04% WoW, closing positive in all trading sessions. Buy-interest in large-cap stocks such as DANGSUGAR (+14.04%), BUAFOOD (+11.76%), and TRANSCORP (+14.69%) boosted the performance of the domestic... Read More →
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... Read More →
Nigerian Bourse Closes the Week Lower as the NGX ASI sheds 1.58% WoW.
/
Date21 Mar 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
Local Bourse closed lower last week, as the NGX ASI sheds 1.58% WoW, closing negative in four of the five trading sessions. Profit-taking in large-cap stocks such as MTNN (-5.00%), GEREGU (-6.50%), and GTCO (-7.20%) dragged the local bourse southwards.... Read More →
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%
/
Date24 Feb 2023
//Comment0
/CategoriesAside, Audio, Blog, Fit Row, Life Style, News Article, Post Slider, Quote, Uncategorized, Video
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 →