Updates

NBS GDP & Inflation Rebasing 2025

January 9, 2025/Cordros Report The Nigerian Economic Summit Group (NESG), in collaboration with the Nigerian Bureau of Statistics (NBS), held a sensitisation workshop on GDP and CPI Rebasing earlier today (9 January). The NBS proposed; GDP Changing the base year for Real GDP computation to 2019 from 2010 Coverage of more areas […]

Coronation Fixed Income and Exchange Rate Update

January 7, 2025/Coronation Research Summary System liquidity closed positive at N476.24bn (03 Jan ’25). Call, overnight and repo rates closed within a range of 7.63- 27.25%. Rates in the money market tightened as debits from the OMO auction and CRR outweighs Remita inflows driven by Government payments to contractors. We […]

Intraday Update: Nigerian Stocks Inch Up +0.13%

January 6, 2024/InvestmentOne Update ASI as at 12.00pm: +0.13% Top Gainers and Losers: DAARCOMM (+10.00%), RTBRISCOE (+10.00%), IKEJAHOTEL (-9.69%) and CAVERTON (-9.64%). Sector Performances: Banking (+0.49%), Consumer Goods (+0.10%), Oil & Gas (+0.08%) and Industrial. Market activity: In today’s trade, total volume and value rose by 19% and 112% respectively, […]