In a rare move that could shake confidence in Nigeria’s economic reporting, Lagos-based investment powerhouse Afrinvest Limited has openly questioned the headline inflation figures released last week by the National Bureau of Statistics (NBS). Afrinvest, which had projected December 2025 inflation at 33.6 percent on the back of base effects and year-end spending, was stunned […]
Nigeria’s headline inflation rate is projected to surge sharply to 33.6% in December 2025, bringing an abrupt end to an eight-month disinflation streak, as unfavourable base effects from last year’s CPI rebasing take hold, according to Afrinvest Limited. Ahead of the National Bureau of Statistics’ inflation report, Afrinvest said its model indicates a steep reversal […]
Temitope Adebayo The Nigerian equities market of the Nigerian Stock Exchange (NSE) resumed trading week on Monday with a loss of 0.74 per cent, following losses achieved by medium and large equities. Specifically, the All Share Index (ASI) shed 204.68 points or 0.74 per cent to close at 27,574.32 against 27,779.000 achieved on Friday. Similarly, […]
Motolani Oseni Due to persistent sell pressure, equities market of the Nigerian Stock Exchange (NSE) continued its bearish movement to lose N28billion at the close of Monday trading activities. The stock market benchmark index, NSE All Share Index (ASI) dropped by 56.73 basis points or 1.25 per cent close the week at 28,847.81 basis points […]
Motolani Oseni The equities market segment of the Nigerian Stock Exchange (NSE) commenced trading in September on positive note with a marginal growth of 0.14 per cent, which translated to investors’ gain of N19 billion. Specifically, the All Share Index (ASI) rose by 39.28 points or 0.14 per cent to 27,565.09 points. Accordingly, investors gained […]
Temitope Adebayo The Nigerian Stock Exchange equities market segment on Thursday reverted the gains in the previous trading session, following the All-Share Index (ASI) declined by 0.66 per cent on losses in Dangote Cement, MTN Nigeria, 12 other stocks. The All Share Index fell by 181.45 basis points or 0.66 per cent to 27,425.57 basis […]
Temitope Adebayo The equities market segment of the Nigerian Stock Exchange (NSE) ended Monday’s trading session in negative territory, as the All-Share Index closed at 27,691.85 basis points, against 27,800.17 achieved on Friday, which represented a 0.39 per cent decline. Similarly, investors lost N52 billion in values as the market capitalisation closed lower at N13.472 […]
Motolani Oseni The All-Share Index of the Nigerian Stock Exchange (NSE) on Thursday reached an all-time low of 27,864.49 due to selling pressure in Seplat, MTN Nigeria and 17 other equities. The equities market index lost 178.31 points or 0.64 per cent to close lower at 27,864.49 against 28,042.80 achieved the previous day. Similarly, the […]
Temitope Adebayo Following a two-day public holiday declared by the federal government of Nigeria to mark this year Eid-el-Fitri celebration, trading on the Nigerian Stock Exchange (NSE) resumed yesterday on a bearish trend, as All-Share Index lost 401.22 points or 1.30 per cent to close at 30,527.07 compared with 30,928.29 recorded on Monday. Also, the […]