17

May

Stock Market Review: May 16, 2023

The Stock market on Monday closed on a positive note with a marginal growth of 0.03%. The All Share Index and Market Capitalisation stands at 52,231.29 points and N28.44 trillion respectively. Ina stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following were discussed: Excerpts: •             The market on Monday closed on a positive note[…]

17

May

Nigeria’s inflation rate rises to 22.22%

Recent inflation report published by the National Bureau of Statistics has revealed that in April 2023, the headline inflation rate rose to 22.22% relative to March 2023 headline inflation rate which was 22.04%. Looking at the movement, the April 2023 inflation rate showed an increase of 0.18% points when compared to March 2023 headline inflation rate. Similarly,[…]