September 2, 2024/Cordros Report EQUITIES The Nigerian equities market commenced the week and month positively as demand for OANDO (+10.0%) drove the All-Share Index higher by 0.2% to 96,793.95 points. As a result, the Year-to-Date return increased to +29.5%. The total volume of trades declined by 13.2% to 498.12 million units, valued […]
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Zenith Bank H1 2024: Strong Interest & Non-Interest Income Growth Amid High Impairment Charge
September 2, 2024/CSL Research Zenith Bank’s H1 2024 audited numbers showed a strong 176.7% y/y growth in Interest Income driven by growth in Interest Income on both Net Loans and Investment Securities. Net Loans to Customers grew 41.7% in the first half of the year. (Inclusive of the impact of […]
Nigeria’s Cost of Healthy Diet Increased +1.9% in July 2024-NBS
September 2, 2024/CSL Research Recently data from the National Bureau of Statistics (NBS) indicates that the national average cost of a healthy diet increased by 1.9% in July 2024, rising to N1,265 per adult per day from N1,241 in June. The Cost of Healthy Diet (CoHD) report, which tracks the […]
