September 17, 2024/InvestmentOne Update ASI as at 12.00pm: +0.07% Top Gainers and Losers: FLOURMILL (+10.00%), FBNH (+10.00%), ABBEYBDS (-9.88%) and MECURE (-9.63%). Sector Performances: Banking (+1.13%), Consumer Goods (+0.93%), Oil & Gas (-0.49%) and Industrial. Market activity: In today’s trade, total volume and value advanced by 69% and 26% respectively […]
Updates
Nigeria’s Headline Inflation Eases to 32.15% in August 2024, Still Higher Year-on-Year
September 16, 2024/NBS In August 2024, the headline inflation rate further eased to 32.15% relative to the July 2024 headline inflation rate of 33.40%. Looking at the movement, the August 2024 headline inflation rate showed a decrease of 1.25% points when compared to the July 2024 headline inflation rate. However, […]
AfDB Approves $6.6 Million Grant to Strengthen Somalia’s Financial Architecture for Inclusive Growth
The reforms seek to build a competitive and globally connected financial sector in Somalia, enhancing stability, trust, and financial inclusion, and attracting private investment September 16, 2024/AfDB The African Development Bank Group has approved a $6.6m grant to support the Federal Government of Somalia (FGS) in strengthening state capacity to […]
