OPINION/EDITORIAL

July 2021 YTD Performance: Lacklustre Showing by the Bourse

July 14, 2021/Proshare By FBNQuest Research The all-share index (NSEASI) has struggled this year in the absence of any positive support from either government policy or data releases. Its ytd decline of -6.0% compares with gains of 4.6% posted by Nairobi (NSE20) and 13.3% by Jo’burg (all-share index). As the […]

Q2 2021 Economic Review – Strengthening Economic Recovery: The Need for Speed and Urgency

July 14, 2021/Proshare By FSDH Research FSDH Macroeconomic Projection for 2021 Growth at 1.3% Inflation Rate at 16.6% External Reserves at US$34 billion Average Exchange Rate at N430/US$   IMF updates global GDP growth projection for 2021 to 6% The International Monetary Fund (IMF) in April revised upwards its projection […]

Headline Inflation Likely to Creep Back up in June 2021

July 14, 2021/Proshare By FDC Based on our market survey and time series analysis, we are projecting that headline inflation for June will likely creep back up to 18.1%, a level last seen in March 2021. This could represent a point of inflection on the trend line of declining inflation […]