June 19, 2024/Coronation Research Summary Opening market liquidity was reported at N132.6bn on Friday (14, June ‘24). Call, overnight, and repo rates closed within the range of 6% – 26%, as rates in the money market moderated. Last week, the average NTB yield declined by -10bps to close at 21.9% […]
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Inflation Report – May 2024
The NBS has released its May inflation report to show Headline rate: 34% y/y (33.7% in April) Core rate: 27% y/y (26.8%); and Food rate: 40.7% y/y (40.5%). June 19, 2024/Coronation Research May’s headline inflation increased by +26bps (when compared with the previous […]
NGXASI Declines -0.08%, Dragged by FBNH, MTNN, Nigerian Breweries
June 19, 2024/InvestmentOne Report The NGXASI declined by 0.08% today to close at 99,842.19pts, as the losses recorded in MTNN (-2.67%), NB (-8.37%) and FBNH (-2.65%) drove the local bourse into the negative terrain. In the fixed income space, the Treasury Bills secondary market traded on a bullish note, as we observed […]
