November 15, 2024/InvestmentOne Report The NGXASI advanced today by 0.51% to close at 97,725.64pts, as the buy-interest observed in BUACEMENT (+3.80%), WAPCO (+8.39%) and GTCO (+2.75%) drove the Nigerian bourse into the positive territory. In the fixed income space, the Treasury Bills secondary market was negative today as we observed sell pressure […]
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Inflation Report – October 2024
November 15, 2024/Coronation Research The NBS has released its October inflation report to show Headline rate: 33.9% y/y (32.7% in September) Core rate: 28.4% y/y (27.4%) Food rate: 39.2% y/y (37.8%) Headline inflation increased by 118bps […]
Headline Inflation Expands by 118Bps to 33.88% Y/Y in October
November 15, 2024/Cordros Report Consumer prices in Nigeria increased by 118bps to 33.88% y/y in October (September: 32.70% y/y). The outturn is 39bps and 48bps higher than Cordros’ (33.49% y/y) and Bloomberg’s median consensus (32.40% y/y) estimates, respectively. On a month-on-month basis, headline inflation increased by 12bps to 2.64% (September: […]
