December 17, 2024/Cordros Report EQUITIES The Nigerian equities market closed on a positive note, buoyed by gains in ARADEL (+5.0%), STANBIC (+3.7%) and GTCO (+1.0%). Consequently, the All-Share Index advanced by 0.1% to 100,050.94 points, with the Month-to-Date and Year-to-Date returns settling at +2.6% and +33.8%, respectively. The total volume […]
Author: InvestAdvocate
NGXASI Gains +0.13% on Interest in Blue Chips
December 17, 2024/InvestmentOne Report The NGXASI rose by 0.13% today to close at 100,050.94pts, as buy-ins witnessed in MRSOIL (+10.00%), STANBC (+3.70%) and GTCO (+0.96%) drove the local bourse into the green zone. In the fixed income space, the Treasury Bills secondary market closed positive today, largely due to the downwards momentum […]
November-2024 Inflation Note: Headline Inflation Trends Higher
December 17, 2024/United Capital Report Extracts from Nov-2024 Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) revealed that the Nigeria’s headline inflation printed at 34.60% on a year-on-year (y/y) basis, indicating a 72bps climb from 33.88% y/y recorded in Oct-2024, the highest in 26 years. […]

