16

Nov

Nigeria’s inflation rate rises to 21.09%

Report published by the National Bureau of Statistics has revealed that Nigeria’s inflation rate rose from 20.77% in September 2022 to 21.09% in October 2022 According to NBS, food Inflation was 23.72% in October 2022, from 23.34% in September 2022. “On a month-on-month basis, the headline inflation rate for October 2022 was 1.24 percent, this was 0.11 […]

15

Nov

NGXASI closes marginally lower by 0.02%

The equity market on Tuesday closed bearish as the All Share Index was down marginally by 0.02% to settle at 43,808.25 points from the previous close of 43,818.12 points. The Market Capitalisation declined by 0.03% to close at N23.861 trillion from the previous close of N23.867 trillion, thereby shedding N6 billion. An aggregate of 103 million units[…]

15

Nov

Stock Market Review: November 15, 2022

It was a bearish session on the floor of the Nigerian stock market on Monday as the All Share Index and Market Capitalisation declined by 0.34% to close at 43,818.12 points and N23.867 trillion. In a chat with Mallam Garba Kurfi, the MD/CEO of APT Securities and Funds Limited on market performance and possibilities, the following are[…]