October 16, 2024/Cordros Report EQUITIES · The bears resurfaced in the domestic equities market as profit-taking activities in OKOMUOIL (-6.9%), NESTLE (-2.3%), and ARADEL (-5.6%) triggered a 0.3% decrease in the All-Share Index to 98,291.53 points. As a result, the Month-to-Date and Year-to-Date returns settled at -0.3% and +31.5%, respectively. The […]
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September 2024 Inflation Report –– Inflation Resumes Upward Trend
October 16, 2024/InvestmentOne Report Please click to download our September 2024 Inflation Update According to the recently released data from the National Bureau of Statistics, Nigeria’s headline inflation rate rose to 32.70% YoY in September 2024, up from 32.15% YoY in August 2024. This marked a reversal of the slight […]
How High Economic Uncertainty May Threaten Global Financial Stability
(Credit: IMF Photo/Tuane Fernandes) October 16, 2024/IMFBlog By Mario Catalán, Andrea Deghi, and Mahvash S. Qureshi Uncertainty is not as easily measured as traditional indicators like growth or inflation, but economists have built some reliable proxies. One of the best-known gauges is the Economic Policy Uncertainty Index, which tallies how many news […]
