Updates

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.27% on Losses in Oil & Gas Counters

June 17, 2020/InvestmentOne Update ASI as at 12.00pm: -0.27%.  Market movers:  SEPLAT (-9.99%), NEIMETH (-9.57%), WAPIC (+6.06%) and FLOURMILL (+4.35%).  Sector Performances: Oil & Gas (-4.21%), Banking (+0.06%), Consumer Goods (+0.05%) and Industrial.  Market activity: In today’s early trade, total volume and value rose by 191% and 338% respectively, compared to this time yesterday as investors have traded about 157million units of shares worth about N1.71billion. UACN (-3.45%) is the most actively […]

Nigeria’s Inflation Accelerates 12.40% Year-on-Year in May 2020

June 17, 2020/NBS All Item Index The consumer price index, (CPI) which measures inflation increased by 12.40 percent (year-on-year) in May 2020. This is 0.06 percent points higher than the rate recorded in April 2020 (12.34) percent. Increases were recorded in all COICOP divisions that yielded the Headline index. On […]

Sub-Saharan Africa Advisory Committee Meets to Discuss EXIM COVID-19 Relief Measures, Opportunities for Healthcare Engagement in the Region

June 17, 2020/EXIM US The Sub-Saharan Africa Advisory Committee (SAAC) of the Export-Import Bank of the United States (EXIM) met today in a public virtual meeting, which included U.S. government interagency colleagues in attendance. This was the Committee’s fourth meeting over the past year. SAAC Chair Daniel Runde convened the […]