January 15, 2025/US SEC The Securities and Exchange Commission today announced that Jessica A. Wachter, the Chief Economist and Director of the Division of Economic and Risk Analysis (DERA), will depart the agency on January 17. “I thank Jessica for her leadership of the Division of Economic and Risk Analysis, […]
Other News
Dangote Cement Drags Down Nigerian Indices by -1.5%
January 15, 2025/Cordros Report EQUITIES Profit-taking activities continued today in the Nigerian equities market, as sell pressures on DANGCEM (-10.0%) weighed down the All-Share Index by 1.5% to 102,095.95. As a result, the Year-to-Date return settled at -0.8%. The total volume traded declined by 14.3% to 431.30 million units, valued […]
Headline Inflation Rose Slightly to 34.80% from 34.60% in November 2024
January 15, 2025/Futureview Research Headline Inflation In December 2024, the Headline inflation rate rose slightly to 34.80% from 34.60% in November 2024, reflecting a 0.20% increase, driven by higher demand during the festive period. Year-on-year, inflation was 5.87% higher than December 2023’s rate of 28.92%. However, on a month-on-month basis, […]