NGXASI stands at +36.11% (YTD); Naira appreciated by 0.56% to close at N1,136 April 15, 2024/Futureview Research Click here to download the full report. EQUITIES MARKET: The Nigerian Equities market opened the trading week on a bearish note as the NGX All-Share Index shed 53 basis points by the close […]
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GTCO Drags NGX Indices to 0.5% Week Opening Loss
April 15, 2024/Cordros Report EQUITIES Activities in the Nigerian equities market picked from where they left off last week as investors sold off GTCO (-7.7%) stock. Thus, the All-Share Index settled 0.5% lower to close at 101,778.47 points. Consequently, the Month-to-Date and Year-to-Date return printed -2.7% and +36.1%, respectively. The […]
Nigeria March 2024 CPI: Domestic Price Pressures to Persist in the Near Term
April 15, 2024/Cordros Report The National Bureau of Statistics (NBS) released its latest inflation figures earlier today, showing that Nigeria’s headline inflation increased by 150bps to 33.20% y/y in March (February: +31.70% y/y). A deeper dive into the data shows that food inflation rose by 209bps to 40.01% y/y, while […]
