Author: InvestAdvocate

BUACEMENT Drags Nigerian Bourse to Weekly Loss of 1.5%

The domestic bourse reversed last week’s gains as profit-taking activities gained momentum following strong selloffs in BUACEMENT (-13.5%). Thus, the All-Share index declined by 1.5% w/w to close at 97,100.31 points. August 16, 2024/Cordros Report Global According to the Office for National Statistics (ONS), economic activities in the United Kingdom […]

Macroeconomic Update Inflation for July 2024

August 16, 2024/Futureview Research Headline Inflation In July 2024, the headline inflation rate decreased to 33.40% from 34.19% in June 2024, marking a 0.8% point drop. However, on a year-on-year basis, inflation was 9.32% points higher compared to July 2023’s rate of 24.08%. Month-on-month, inflation in July 2024 was 2.28%, […]

July 2024 Inflation Report – Inflation Eases Amid High Base Effect

August 16, 2024/InvestmentOne Report Please click to download our July 2024 Inflation Update According to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS), Nigeria’s headline inflation rate decelerated for the first time in nineteen months to 33.40% YoY in July 2024. This marks an […]