June 16, 2025/Cordros Report Lafarge Africa Plc (WAPCO) has delivered an impressive turnaround over the past twelve months, with the stock returning +152.9% in the time, driven by strong earnings growth, improved operating efficiency, attractive dividends, and investor excitement surrounding the proposed acquisition by Huaxin. Despite the rally, we believe […]
Author: InvestAdvocate
Headline Inflation Slows to 22.97% Y/Y in May
June 16, 2025/Cordros Update Based on the CPI data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation eased by 74bps to 22.97% y/y in May (April: 23.71% y/y). On a month-on-month basis, consumer prices moderated to 1.53% (April: 1.86% m/m). Food inflation moderated by 12bps to 21.14% y/y in May (April: 21.26% […]
Inflation Rises by 23.0% Year-on-Year in May
June 16, 2025/CSL Research Recently released data from the National Bureau of Statistics (NBS) showed that Nigeria’s headline inflation eased slightly to 23.0% year-on-year (y/y) in May, down from 23.7% in April. Similarly, core and food inflation moderated to 22.3% and 21.1% y/y respectively in May, compared to 23.4% and […]
