Day: July 4, 2024
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Seize Market Opportunities with Expert Wealth Management
The vast ocean of global investment holds immense opportunity, but hidden risks lurk beneath the surface. Unpredictable challenges can quickly turn ambition into uncertainty. This is where a skilled private banker becomes your indispensable guide. As a High-Net-Worth Individual (HNWI) or Ultra-High-Net-Worth Individual (UHNI), you deserve more than generic solutions. You deserve a trusted advisor […]
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Inflation Report – May 2024
May’s headline inflation increased by +26bps (when compared with the previous month) to 34% y/y. Meanwhile, on a month-on-month basis, headline inflation eased by -15bps to 2.1% from 2.3% recorded in the previous month. Notably, month-on-month headline inflation maintained a downward trend for the third consecutive month since February ’24. This can be partly attributed […]
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Trade surplus recorded in Q1 ‘24
According to the NBS report, the top 5 import trading partners in Q1 ’24 were China with N2.9trn (23.2%), India N1.1trn (N8.5%), USA N1.0trn (8.0%), Belgium N955.9bn (7.6%) and Netherlands N591.5bn (4.7%). These countries collectively accounted for 52% of total imports in Q1 ‘24. Imports from ECOWAS stood at N113bn, representing 28% of total imports […]
