November 18, 2024/Coronation Research Summary Market liquidity closed positive at N396.7bn on Friday (15 Nov ‘24). Call, overnight, and repo rates closed within the range of 6.9% – 26.9% as rates in the market moderated. In the secondary market, average T-bill’s yield rose by +19bps to close at 24.2% p.a. […]
Updates
United-Capital-Research-Investment-Views-This Week 18th November to 22nd November 2024
November 18, 2024/United Capital Research Global Economies: Markets Broadly Underperformed US markets commenced the week from the previous week’s rally, but later consolidated, with the S&P 500 pulling back 2.10% w/w, testing its 20-day moving average. President-elect Trump’s cabinet nominations have prompted investors to reconsider the potential policy impacts on […]
Headline Inflation Rises Again in October
November 18, 2024/CSL Research As anticipated, Nigeria’s headline inflation rose to 33.88% in October 2024, marking the second consecutive monthly increase after two months of decline in July and August. This represents an uptick of 1.18 percentage points from the 32.70% y/y recorded in September. Compared with the same period […]
