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Inflation Report – January 2024

February 15, 2024/Coronation Research January Inflation inflation increased by +92bps (when compared with the previous month) to 28.92% y/y. On a month-on-month basis, headline inflation increased by +35bps to 2.64% compared with 2.29% recorded in the previous month. Food inflation (35.41%) recorded an increase of +148bps when compared with the previous […]

Bulls Sustain Rally as NGXASI Up by 58bps, Investors Gain N329.25Bn

—-NGXASI stands at +39.22% (YTD); Naira appreciated by 0.34% to close at ₦1,498.25 February 15, 2024/Futureview Research Click here to download the full report EQUITIES MARKET: Bulls rally as the Nigerian Equities Market sustained the previous day’s momentum to close today’s trading session on a positive note. The NGXASI recorded […]

Macroeconomic Update:Inflation Report for January 2024

February 15, 2024/Futureview Research In January 2024, the headline inflation rate rose to 29.90%, up from 28.92% in December 2023, marking an increase of 0.98 percentage points. Comparing year-on-year, January 2024 saw an 8.08% point increase over January 2023’s rate of 21.82%. This indicates a notable escalation in inflation compared […]