14/10/2016/Cordros Research Nigeria’s Consumer Price Index (CPI) rose to 17.9% (on a year-on-year basis) in September, 24bps higher than August’s figure. This marks the eleventh consecutive month of uptrend in the CPI, and broadly validates our expectation for the month – dousing consensus by 10bps. This again speaks to the […]
Updates
IMF Executive Board Selects Charles Collyns as Director of the IEO
14/10/2016/IMF The Executive Board of the International Monetary Fund (IMF) has selected Mr. Charles Collyns as Director of the Independent Evaluation Office of the IMF. He will succeed Mr. Moíses Schwartz of Mexico, whose term will expire on January 31, 2017. Mr. Collyns has been Managing Director and Chief Economist of the Institute of […]
NSE Reverses Last Week’s Loss on Bargain Hunting
By InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian equities market reversed last week’s loss as the gain reflects a mix bag of bargain hunting with the benchmark index and market capitalisation advancing by 0.09 percent week-on-week (w/w) to close at 27,861.03 points and N9.570 trillion respectively. “Similarly, all other Indices finished higher […]
