Earnings Update
View the 2022 earnings snapshot for the publicly released corporate results through the link below
Reports
August Inflation Report
Nigeria’s headline inflation hit 20.52% YoY in August; 0.88% points higher than 19.64% in July. On a month-on-month basis, however, inflation moderated to 1.77%, against 1.82% in July. Click the link below to read the full report.
July Inflation Report
CPI in Nigeria reached 19.64% in July, its highest on in 17 years. Similarly, food inflation came in at 22.02%. Click the link below to read the July Inflation Report.
2022 Financial Outlook
In the first three quarters of 2021, Nigeria’s GDP has expanded by 0.51%, 4.01% and 4.03% respectively, as the country returned to normalcy with regards to business operations and economic activities. However, it is important to note that while the growth numbers are commendable, Nigeria is dealing with a low base, indicating that growth is …
Mutual Fund Performance Report – April 2022
The Anchoria Money Market Fund delivered a Gross Return of 6.90% (5.90% net of charges), surpassing its benchmark by c.383bps in April. System liquidity contracted during the month, considering the absence of coupon payments and maturity proceeds. As such, the Open repo and Overnight rates rose by 7.75% and 7.50% from 4.50% and 5.00% to …