NSE index up 1.03%, as Eterna, Int Breweries, BUA Cement led gainers’ chart

NSE index up 1.03%, as Eterna, Int Breweries, BUA Cement led gainers’ chart

WorldStage Newsonline– Nigerian Stock Exchange extended bullish posture on Wednesday with the market capitalisation increasing further by N214 billion on sustained bargain hunting of blue chips. Specifically. the market capitalisation which opened at N20.446 trillion rose by N214 billion to close at N20.660 trillion supported by interestes in BUA Cement. Also, the All-Share Index appreciated […]

Weekly Economic Index: Nigeria’s economy enters a full-blown recession in Q3

Weekly Economic Index: Nigeria’s economy enters a full-blown recession in Q3

Recently , the National Bureau of Statistics (NBS) revealed that the October 2020 Consumer Price Index (CPI) increased by 14.23 percent (year-on-year). The rise represents 0.52 percent, compared to the rate recorded in September 2020 (13.71 percent). The CPI is used to measure the inflation rate in an economy. Nigeria’s Gross Domestic Product ( GDP […]