June 15, 2023/Coronation Report The NBS has released its May inflation report to show – Headline rate 22.41% y/y (22.22% April); Core rate 20.06% y/y (20.14%); and Food rate 24.82% y/y (24.61%).   May headline inflation increased by +19bps (when compared with the previous month) to 22.41% y/y On a month-on-month basis, headline […]

June 15, 2023/Cordros Report Nigeria continues to grapple with rising inflationary pressures as the headline inflation rate maintains an upward trajectory for the fifth consecutive month. This persistent trend can be attributed to a combination of factors, including lingering food shortages and the passthrough impact of transport costs and currency […]

June 15, 2023/NGX Nigerian Exchange Limited (NGX) has said it will continue its drive towards attracting capital around sustainability and will continue to partner with market stakeholders. Its Chief Executive Officer, Temi Popoola, stated this during a Physical closing gong ceremony for Guinness Nigeria. Popoola while commending the growth of […]