Market Insights
17
Dec
Nigeria’s Inflation rate rose by 0.72% points to 34.60% in November 2024 from 33.88% in October 2024, marking the third month of consecutive increase.
On a year-on-year basis, the...
17
Dec
GLOBAL ECONOMY
The US annual Inflation rate rose for the second consecutive month to 2.70% in November 2024 from 2.60% in October. The Consumer...
13
Dec
GLOBAL ECONOMY
The US Unemployment rate went up to 4.20% in November 2024 from 4.10% in October as the number of unemployed individuals...
24
Nov
GLOBAL ECONOMY
The number of individuals filing for unemployment benefits in the US fell by 6,000 from the previous week to 213,000, the...
10
Nov
GLOBAL ECONOMY
Donald Trump emerged as the winner of the U.S. presidential election held this week. His victory has introduced significant changes and...
20
Oct
GLOBAL ECONOMY
US Unemployment claims dropped by 19,000 this week, marking the largest decrease in three months after hitting a 14-month high the previous...
13
Oct
GLOBAL ECONOMY
The annual inflation rate in the US slowed for a sixth consecutive month to 2.40% in September 2024, the lowest since...
23
Sep
GLOBAL ECONOMY
The US Federal Reserve (Fed) cut the target range for the Fed Interest rate by 50bps to 4.75%-5.00% in September 2024,...
14
Sep
GLOBAL ECONOMY
The inflation rate in the US slowed for the fifth month to 2.50% in August 2024, the lowest since February 2021,...
07
Sep
GLOBAL ECONOMY
The initial jobless claims in the US dropped by 5,000 from the previous week to 227,000 for the period ending August...
31
Aug
GDP (%)INFLATION RATE (%)MPR (%)BOT (N'm)CURRENCY (NAFEM)BRENT CRUDE ($)EXTERNAL RESERVE (US $'b)DEBT (N'tri)UNEMPLOYMENTMARKET CAP (N'tri)Current 3.19% 33.40% 26.75% (₦6,524.17) ₦1,598.56 $84.28 36.32 121.67 5.00% 55.48Previous2.98%34.19%26.25%(₦1,414.30)₦1,570.14$82.6436.4497.344.20% 55.129
25
Aug
GDP (%)INFLATION RATE (%)MPR (%)BOT (N'm)CURRENCY (NAFEM)BRENT CRUDE ($)EXTERNAL RESERVE (US $'b)DEBT (N'tri)UNEMPLOYMENTMARKET CAP (N'tri)Current 2.99% 33.40% 26.75% (₦6,524.17) ₦1,570.14 $82.64 36.44 121.67 5.00% 55.129Previous3.54%34.19%26.25%(₦1,414.30)₦1,579.89$83.3336.5397.344.20% 55.130