June 2024 CPI Report | Bucking the Trends

Headline Inflation Transcends to 34.19% YoY in June 2024  According to the Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) for June 2024, Nigeria’s headline inflation rate continued its upward trend, rising by 24bps to a staggering 34.19% Year-on-Year (YoY) compared to 33.95% YoY reported in May 2024. This increase […]

Daily Equities Market Update

Today, the Nigerian Equities market closed on a positive note, as the All-Share Index (ASI) increased by 0.10% to 100,075.59 points. Consequently, the market year-to-date (YtD) return rose to 33.84% from yesterday’s 33.30% YtD. This increase was driven by gains in ZENITH, UBA, and FBNH. offsetting losses in STANBICIBTC, TRANSCORP, and DANGSUGAR. Today, total volume […]