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Nigerian Stocks Close Week Lower -0.8% on Losses in Blue Chips

The NGX ASI closed the week 0.8% lower w/w, weighed down by losses in MTNN (-3.3%), WAPCO (-5.2%), ZENITHBANK (-3.0%), GTCO (-2.3%) and OANDO (-6.9%). Consequently, the MTD and YTD returns moderated to +3.4% and +40.5%, respectively. August 15, 2025/Cordros Report Global According to the Bureau of Labor Statistics (BLS), […]

Nigeria July 2025 CPI: Disinflation Trend Expected to Continue in August

August 15, 2025/Cordros Report According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation pared by 34bps to 21.88% y/y in July (June: 22.22% y/y), primarily driven by a sharp moderation in core inflation (-143bps to 21.33% y/y vs June: 22.76% y/y). However, food inflation rose by 77bps to […]

Manufacturing Africa at AFSIC – Investing in Africa 2025: Deals Pitch Room brought by Manufacturing Africa

August 14, 2025/Africa Global Funds Manufacturing Africa, the UK’s flagship economic development programme for Africa, is set to host a Deals Pitch Room at AFSIC – Investing in Africa 2025, which will be held in London on 14-15 October 2025. The 90-minute Manufacturing Deals Pitch Room will be an exciting […]