The equities market witnessed a weak bargain on Monday as investors stayed cautious ahead of the Monetary Policy Committee meeting. Analysts had said on Friday that they expected investors to adopt a cautious position ahead of the meeting scheduled to take place from Tuesday (today) to Wednesday. “We expect trading […]
Tag: Equities
NSE All-Share Index Appreciate’s by 0.65% to Close Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The Nigerian Stock Exchange (NSE) Friday reported its All-Share Index (ASI) appreciated by 0.65 percent (0.65%) for the week ended January 17, 2014. According to the NSE’s weekly stock market report, the NSE 30, NSE Consumer Goods and NSE Banking indices appreciated by […]
Nigeria: December Inflation climbs further to 8.0% y/y
According to the National Bureau of Statistics, headline inflation in December inched up by 8.0% y/y. This marks a 0.1% rise from the 7.9% recorded in November and the second consecutive rise in inflation rate since October. In effect, inflation remained in single digits throughout 2013. The consumer price index […]
