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AugReport published by the National Bureau of Statistics revealed that Nigeria’s inflation rate in July 2022 increased to 19.64% from 18.60% recorded in the month of June. This was 2.27% points higher compared to the rate recorded in July 2021, which was (17.38 %). This shows that the headline inflation rate increased in the month of July […]
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AugActivities on the floor of Nigerian Stock Exchange on Monday declined further as the All-Share Index closed 0.07% lower to settle at 49,629.43 compared with 49,664.07 recorded last Friday. The market capitalisation dropped by N18 billion or 0.02% to close at N26.769 trillion from N26.787 trillion recorded in the previous session. Aggregate volume and value of traded[…]
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AugThe stock market last week closed on a bearish note, occasioned by profit taking in MTN, Dangote Cement, BUA Cement and 30 other stocks, thereby creating new entry opportunities for discerning investors. Most of the Q2 2022 results released performed beyond market expectation as year on year growth is recorded in some companies, while some recovered from[…]
