Equities Tank by 8 Bps on Forte Oil, Nigerian Breweries; NITTY Moderates on Buy Pressure....
The Nigerian Equities Market lost 8 bps as the bears made a comeback. At the close of business, the exchange recorded 31 losers against 28 gainers. Blue chips such as Forte Oil, Nigerian Breweries, Unilever and Wapco shed weight, dragging the NSE O
 
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Equities Tank by 8 Bps on Forte Oil, Nigerian Breweries; NITTY Moderates on Buy Pressure....
The United Kingdom–based credit rating agency Fitch, in its latest full report on Nigeria, forcasted 2.6% economic growth for West Africa’s largest economy this year,2018, (up from the 1% growth expected in 2017); the growth rate was a bit higher....
 
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December Inflation Rate Moderates M-o-M by 0.53 ppt to 15.37% on Food Items
December inflation report by the National Bureau of Statistics showed decline in headline inflation rate to 15.37% year-on-year (from 15.90% in November). The 12-Month average percentage change also fell to 16.50% (from 16.76% in Nov). .....
 
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