August 16, 2024/InvestmentOne Report The NGXASI closed flat today to close at 97,100.31pts as gains in OANDO (+9.97%), GTCO (+0.99%) and ZENITHBANK (+0.40%) offset the losses in DANGSUGAR (-4.35%), TRANSCORP (-1.38%) and TRANSCOHOT (-0.93%). In the fixed income space, the Treasury Bills secondary market closed up as we observed buy pressure at […]
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Macroeconomic Update Inflation for July 2024
August 16, 2024/Futureview Research Headline Inflation In July 2024, the headline inflation rate decreased to 33.40% from 34.19% in June 2024, marking a 0.8% point drop. However, on a year-on-year basis, inflation was 9.32% points higher compared to July 2023’s rate of 24.08%. Month-on-month, inflation in July 2024 was 2.28%, […]
July 2024 Inflation Report – Inflation Eases Amid High Base Effect
August 16, 2024/InvestmentOne Report Please click to download our July 2024 Inflation Update According to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS), Nigeria’s headline inflation rate decelerated for the first time in nineteen months to 33.40% YoY in July 2024. This marks an […]
