Image Credit: CBN May 21, 2025/InvestmentOne Update The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held their 300th meeting of the year where they voted to: – Maintain monetary policy rate (MPR) at 27.50%. – Held the Asymmetric corridor around the MPR at +500/-100bps. – Retained […]
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Nigerian Equities Gain Fourth Straight Week +0.9% on April Inflation Report, Global Trade
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 […]
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% […]
