16

Jun

Nigeria’s inflation rate grew to 17.71% in May 2022- NBS

Nigeria’s inflation rate in May 2022 increased to 17.71% from 16.82% reported in the month of April 2022. According to the National Bureau of Statistics, the figure is 0.22 percent points lower compared to the rate recorded in May 2021, which is (17.93) percent. This means that the headline inflation rate slowed down in the month of […]

16

Jun

Nigerian Bourse dips further by 0.64%, sheds N182bn

The Nigerian stock market on Wednesday closed on a bearish note, occasioned by profit taking in MTN and 25 other stocks. The All Share Index to decline by 0.64% to close at 52,775.40 points from the previous close of 53,113.64 points. The Market Capitalisation dropped by 0.64%, closing at N28.452 trillion from the previous close of N28.634[…]