Earnings Update
View the 2022 earnings snapshot for the publicly released corporate results through the link below
Month: July 2022
Half Year 2022 Earnings Snapshot
View the half year 2022 earnings snapshot for the publicly released corporate results through the link below
June Inflation Report
Higher inflation typically lowers peoples’ purchasing power, meaning you buy fewer quantity of goods and services because your money has lost some real value. For instance, the NGN100,000 in your bank account is now worth NGN81,400 in real terms, resulting in a loss of NGN18,600 in purchasing power. It appears inflationary pressures are unrelentless, as …
MPC Rate Hike; The AAM Report
The CBN’s Monetary Policy Committee (MPC) concluded its fourth meeting of the year yesterday July 19th, 2022. In a not so surprising turn of events, the benchmark interest rate was increased by 1.00% to 14.00%, following a decision by eleven members of the committee to hike rates. This decision came after a 1.50% rate hike …