Daily Market Update | 17-10-2023
Daily Market Update (Equities) Today, the Nigerian Equities market performance improved as its benchmark index rose by 0.43% to 67,326.12 points. Notably, its year-to-date (YtD) returns rose to 31.37% (vs. Yesterday’s YtD: 30.80%). The gains recorded in STANBIC IBTC, DANGSUGAR and ACCESSCORP offset the losses incurred in NB, E-TRANZACT and TRANSCORP. The Total Volume and […]
September 2023 CPI Report | A New High
A New High Yesterday, the Nigerian Bureau of Statistics (NBS) released the inflation report for September 2023. Headline inflation soared by 92bps Year-on-Year (YoY) to 26.72% (vs 25.80% YoY in August 2023). The increase in headline inflation can be attributed to the rise in the food inflation (+130bps YoY to 30.64%) and core inflation (+69bps […]
