June 19, 2024/InvestmentOne Update ASI as at 12.00pm: +0.17% Top Gainers and Losers: GUINNESS (+9.96%), CHAMPION (+9.83%), CAVERTON (-9.62%) and ABCTRANS (-9.52%). Sector Performances: Banking (+0.65%), Consumer Goods (+0.17%), Oil & Gas (+0.08%) and Industrial. Market activity: In today’s trade, total volume and value decreased by 85% and 94% respectively, when compared to this time […]
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May 2024: Headline Inflation Rate Continued to Ease
June 19, 2024/United Capital Research Extracts from May-2024 Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) revealed that the Nigeria’s headline inflation printed at 33.95% on a year-on-year basis in May 2024, indicating an increase of 26bps from April 2024’s print of 33.69% y/y. Looking […]
Inflation Rate Still Rising but at a Slower Pace
June 19, 2024/CSL Research According to the latest Consumer Price Index (CPI) report for May 2024 released by the National Bureau of Statistics (NBS), the headline inflation rate, increased by 33.95% y/y in the month of May 2024, 26 basis points (bps) higher than the recorded growth of 33.69% y/y […]
