(Credit: IMF Photo/rogeranis.photo) October 16, 2024/IMFBlog By Silvia Albrizio, Bertrand Gruss, and Yu Shi The global economy is stuck in a low-growth gear, largely because of aging populations, weak business investment, and structural frictions that prevent capital and labor from flowing to where it can be most productive. As demographic pressures […]
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NGXASI Dips -0.25% on Losses in Bellwether Counters
October 16, 2024/InvestmentOne Report The NGXASI declined today by 0.25% to close at 98,291.53pts as the selloffs in the share prices of OKOMUOIL (-6.86%), NESTLE (-2.25%) and FIDELITYBK (-2.34%) drove the local bourse into the positive zone. In the fixed income space, the Treasury Bills secondary market closed downwards due to the […]
September-2024 Inflation Note: Headline Inflation Trends Slightly Higher
October 16, 2024/United Capital Research Extracts from Septr-2024 Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) revealed that the Nigeria’s headline inflation printed at 32.70% on a year-on-year (y/y) basis, indicating a 54bps climb from 32.15% y/y recorded in Aug-2024. On a month-on-month viewpoint, a […]

