June 5, 2025/CBN EXECUTIVE SUMMARY Across all time frames, the positive trajectory of the Confidence Index (CI), a measure of overall business sentiment, reflects a broad-based optimism among respondent firms regarding the macroeconomic outlook. This sentiment appears to be driven by favourable expectations on the volume of business activity across […]
Author: InvestAdvocate
CBN Unveils Inflation Expectations Survey for May 2025
June 5, 2025/CBN Key Highlights In May 2025, majority of the respondents opined that the current inflation rate was high. Most respondents (businesses and Households) identified energy, exchange rate, and transportation as the top three inflation drivers. However, natural disasters, activities of middlemen and infrastructural challenges were perceived as less […]
NGX-ASI Closed Bullish…Up by 163bps
June 5, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in MTNN (+9.99%) and OANDO (+9.96%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 1.63% to close at 114,616.75 points. YTD returns settled at 11.36%, while market capitalization closed […]
