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Pre-MPC July 2024: MPC to Raise MPR Further by 100bps

July 18, 2024/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is set to meet on 22 and 23 July, 2024, for their fourth meeting of the year. As expected, the MPC will assess recent developments in the global and domestic economies since the last […]

Bargain Hunting in AIRTELAFR Drives Nigerian Stocks to +0.5% Gain

July 18, 2024/Cordros Report EQUITIES   The domestic stock market reversed yesterday’s loss, as bargain hunting in AIRTELAFRI (+4.8%) drove the All-Share Index higher by 0.5% to 100,503.21 points. As a result, the Month-to-Date and Year-to-Date returns increased to +0.5% and +34.4%, respectively.   The total volume traded declined by […]

Bulls Re-Emerge as NGXASI Up by +47bps, Investors Gain N262.82Bn

— NGXASI stands at +34.41% (YTD); Naira appreciated by 0.94% to close at N1,566.82 July 18, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: Bulls re-emerged in the Nigerian Equities market at the end of the session today, propelling the day’s session to end in the green […]