December 2023 CPI Report | Inflation Bites Deeper
Inflation Bites Deeper Yesterday, the National Bureau of Statistics (NBS) released the Consumer Price Index (CPI) report for December 2023. Headline inflation increased by 72bps to 28.92% Year-on-Year (YoY), compared to 28.20% YoY in November 2023. This upswing was fueled by increases in its subcomponents: Food inflation (+109bps to 33.93% YoY) and Core Inflation (+68bps […]
Daily Market Update | 16-01-2024
Daily Market Update (Equities) The Nigerian Equities market sustained its positive opening to the week as the benchmark index gained 3.97% to settle at 88,001.48 points. This was fueled by gains in DANGCEM, BUACEM, MTNN, DANGSUGAR and UBA, which offset losses in OANDO, UNICAP, UAC, CAP and AXAMANSARD. The total Volume and Value traded increased […]
