The National Bureau of Statistics has reported that the headline inflation rate in September 2022 was 20.77% as against 20.52% recorded in August 2022. This was 4.14% points higher compared to the rate recorded in September 2021, which was (16.63%). This indicates that in the month of September 2022 the general price level was 4.14% higher relative […]
The stock market last week closed on a positive note as the All-Share Index and Market Capitalization appreciated by 0.46% to close at 47,569.04 points and N25.910 trillion respectively. Year to date the market has returned 11.36%. In the course of last week, an aggregate of 491.8 million units were traded in 14,350 deals, valued at N11.92[…]
Price/Earnings to Growth Ratio Analysis A few companies last week published their Q3 2022 earnings on the website of the Nigerian Exchange. We expect to see more results been released this week and coming weeks. Just like we have always advised that investment should be done against expectation and not on realities. Though, the market has been[…]