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Ripple Effects of Rising Transport Cost

July 25, 2024/CSL Research The National Bureau of Statistics (NBS) June 2024 report showed a significant increase in the average retail price of diesel across Nigeria in June 2024. The average price reached N1,462.98/litre, marking a 79.32% y/y increase and a 4.20% m/m increase compared to May 2024. This upward […]

Bears Hold Sway as NGXASI Down by -12 bps, as  Investors Loss N68.49Bn

—NGXASI stands at +34.23% (YTD); Naira depreciated by 2.45% to close at N1,586.71 July 24, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: Bears maintained dominance as the Nigerian equities market continued the previous day’s session in the south territory. The NGX All-Share Index lost 12 basis […]

Nigerian Bourse Dips -0.1%, Following Losses in Blue Chips

July 24, 2024/Cordros Report EQUITIES   The bears continued to dominate activities in the local bourse as investors took profits off UBA (-5.1%) and DANGSUGAR (-3.7%). Thus, the All-Share index settled 0.1% lower to close at 100,365.17 points. Sequentially, the MTD and YTD returns moderated to +0.3% and +34.4%, respectively. […]