The domestic equities market extended its positive momentum this week, marking the fourth consecutive week of gains as investors reacted to the April inflation report and global trade developments. Specifically, the All-Share Index (ASI) advanced by 0.9% w/w to 109,710.37 points. May 16, 2025/Cordros Report Global According to the US […]
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Headline Inflation Slows to 23.71% Y/Y in April
May 15, 2025/Cordros Update Based on the rebased CPI data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation eased by 52bps to 23.71% y/y in April (March: 24.23% y/y). On a month-on-month basis, consumer prices moderated to 1.86% (March: 3.90% m/m). Food inflation slowed by 53bps to 21.26% […]
Access Holdings Plc Q1-25 Update: Robust Asset Portfolio to Anchor Strong Core Income in 2025E
May 8, 2025/Cordros Report Just as in previous periods, Access Holdings Plc delivered the largest gross earnings in Q1-25 (+39.0% y/y) underpinned by the group’s robust asset portfolio (NGN39.09 trillion). The group recorded a 36.3% y/y growth in interest income to NGN980.68 billion driven by the elevated interest rate environment. […]
