In its latest report, the National Bureau of Statistics put Nigeria’s January headline inflation at 12.6%, up by 230bps from10.3% in December 2011. In the same vein, Food Inflation rose to 13.1% year-on-year, from 11.0% in December 2011. The report also indicates that core inflation (measured by All Items Less […]

Press Release The Nigerian Stock Exchange (NSE) officially announced the launch of its new website on Monday, February 20, 2012, which is considered a unique evolution for the bourse in terms of information and interactive services available for investors, its wider stakeholder group and other local and international visitors of […]

Oil held near $120 a barrel on Tuesday as world consumers grappled with supply disruptions ranging from Iran to Sudan to the North Sea.  Oil also rose briefly after Europe’s much-awaited bailout of Greece. But while the deal resolves Athens’ immediate financing needs, it is unlikely to revive its shattered […]