August 16, 2024/InvestmentOne Update ASI as at 12.00pm: +0.03% Top Gainers and Losers: OANDO (+9.97%), RTBRISCOE (+9.68%), DEAPCAP (-8.51%) and GUINEAINS (-7.50%). Sector Performances: Consumer Goods (+0.01%), Industrial (+0.01%), Oil & Gas (+0.01%) and Banking (-0.04%). Market activity: In today’s trade, total volume decreased by 16% while total value increased […]
Updates
Delay in crude supply to Dangote Refinery Poses Risk to Nigeria’s economy – EIU Report
August 15, 2024/Dangote Group The Economist Intelligence Unit has issued a warning that further delays in crude oil feedstock to the Dangote Petroleum Refinery and Petrochemicals could jeopardise Nigeria’s economic recovery and put additional pressure on the naira. The research and analysis division of the Economist Group said the Dangote […]
Inflation Report – July 2024
August 15, 2024/Coronation Research The NBS has released its July inflation report to show Headline rate: 33.4% y/y (34.2% in June) Core rate: 27.5% y/y (27.4%); and Food rate: 39.5% y/y (40.9%). July’s headline inflation eased by -80bps to […]
