inflation
Inflation pressures mount in U.S. as China faces domestic demand struggles
By Chioma Obinagwam Consumer prices in the US climbed for the second month in a row, reaching 2.7% year-on-year in June, up 30...
10 notable facts you may not know about investing in bonds
By Chioma Obinagwam The Federal Government of Nigeria’s (FGN ) savings bond which opened on August 12 and would close on August 16...
How NASCON Allied Industries achieved 151% profit growth
By Chioma Obinagwam NASCON Allied Industries, has gained more market share even as its Profit After Tax (PAT) rose by 151 percent...
How increase of MPR by 400bps impacts macro-economy, equities, others
By Chioma Obinagwam The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to raise the Monetary Policy Rate...
Protests break out in some parts of Nigeria
By Chioma Obinagwam Protests have begun in some parts of Nigeria. Confiance News gathered from several posts on X (formerly known as Twitter)....
Robust funds under management buoy United Capital’s 49% earnings growth
By Chioma Obinagwam Foremost investment bank and pan-African financial services group, United Capital Plc has maintained its multi-year success streak, following a 49...
Nigeria’s headline inflation eases by 21.47% after 12 months slowdown
By Chioma Obinagwam Nigeria’s headline inflation declined by 21.34% year on year (y/y) in December 2022, which is the first time it tilted...
Analysts’ economic forecast, recommendation for year 2023
By Cordros Research The domestic macroeconomic narrative did not change much in 2022, given the government’s lack of will to institute the necessary...
Nigeria’s govt to increase salaries in 2023
The Federal Government of Nigeria (FGN) has said it will soon increase the salaries of civil and public servants in the country. Confiance...
