November 15, 2024/Cordros Report The latest inflation data from the National Bureau of Statistics (NBS) reveals a continued upward trend in consumer prices for October, marking the second consecutive month of increase after a brief two-month moderation. This resurgence stems primarily from the sustained impact of the increase in Premium […]
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Macroeconomic Update: Inflation Report for October 2024
November 15, 2024/Futureview Research Headline Inflation In October 2024, the headline inflation rate rose to 33.88%, up from 32.70% in September 2024, reflecting an increase of 1.18 percentage points. Year-on-year, the inflation rate was 6.55 percentage points higher than the 27.33% recorded in October 2023, indicating a significant rise compared […]
Nigerian Stocks Gain +0.5% Week-on-Week, Buoyed by Blue Chips
As anticipated, the local bourse experienced mixed trading activity for most of the week. However, strong bargain-hunting on the final trading day pushed the market into positive territory, with the All-Share Index rising by 0.5% w/w to close at 97,722.28 points. November 15, 2024/Cordros Report Global According to the Bureau […]
