January 15, 2025/InvestmentOne Report The NGXASI declined further by 1.47% today to close at 102,095.95pts as the bearish sentiment seen in DANGCEM (-9.99%), WAPIC (-9.57%) and GTCO (-1.04%) drove the local equities market into the negative region. In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven […]
Author: InvestAdvocate
Inflation Report – December 2024
The NBS has released its December inflation report to show Headline rate: 34.80% y/y (34.60% in November) Core rate: 29.28% y/y (28.75%) Food rate: % y/y (39.93%) January 15, 2025/Coronation Report Inflationary pressures persisted in December for the fourth consecutive […]
Nigeria December 2024 CPI: Headline Inflation Set to Moderate in the Near Term
January 15, 2025/Cordros Report According to the recently released data by the National Bureau of Statistics (NBS), headline inflation rose for the fourth consecutive month, rising by 20bps to 34.80% y/y in December (November: 34.60% y/y), settling below our estimate of 34.91% y/y. Breaking it further down, core prices (+53bps […]
