Updates

June 2024 Inflation Report – Monthly Price Pressure Resume Uptrend

July 15, 2024/InvestmentOne Report Please click to download our June 2024 Inflation Update According to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS), Nigeria s inflation continued its uptrend in June 2024. Relative to the previous month, the headline inflation increased by 24bps to […]

Nigeria’s Food Importation Policy Could Destroy Country’s Agriculture, Warns Akinwumi Adesina

Nigeria should be producing more food to stabilize food prices, while creating jobs and reducing foreign exchange spending July 15, 2024/AfDB The President of the African Development Bank Group Dr. Akinwumi Adesina has said the decision by Nigeria’s government to allow massive food importation risks destroying the country’s agriculture. This […]

Intraday Update: Nigerian Stocks Gain +0.18%, Buoyed by Blue Chips

July 15, 2024/InvestmentOne Update ASI as at 12.00pm: 0.18% Top Gainers and Losers:  CUTIX (+10.0%), LEARNAFRICA (+10.00), REDSTAREX (-9.80%)  and  DAARCOMM (-8.77%).  Sector Performances: Banking (+1.52%), Oil & Gas (+0.01%), Industrial (-0.02%) and Consumer Goods.  Market activity: In today’s trade, total volume increased by 4% while total value decreased by 138%, when compared to the […]