February 16, 2023/Coronation Research Summary Opening market liquidity was reported at N400.5m on Friday (10 February ’23). Call, overnight and repo rates closed within a range of 5% – 12%, as system liquidity tightened on the back of an NTB auction as well as CRR debits by the CBN. This […]
Updates
Headline Inflation surges to a new 17-year high of 21.82% in January
February 16, 2023/CSL Research The Headline inflation rate resumed its upward trend in January surging to a new 17-year high of 21.82% which is 48bps higher than the 21.34% recorded in December 2022. On a Monthon-month, headline inflation remained upbeat, up 16bps to 1.87% in January from 1.71 in December […]
Intraday Update: NGX-ASI Gains +0.03% Buoyed by Consumer Goods Sector
February 16, 2023/InvestmentOne Update ASI as at 12.00pm: +0.03% Market Mover: GEREGU (+3.67%). Top Gainers and Losers: JAPAULGOLD (+7.14%) and RTBRISCOE (+7.14%), COURTVILLE (-9.62%) and CWG (-8.99%). Sector Performances: Consumer Goods (+0.05%), Banking (-0.19%), Industrial and Oil and Gas. Market activity: In today’s trade, total volume and value decreased by […]
