Proshare latest news

Here are the latest news from Proshare, a leading financial news and research platform in Nigeria:

Top Stories

  1. Nigeria's Inflation Rate Rises to 17.71% in January: The National Bureau of Statistics (NBS) has released the Consumer Price Index (CPI) report for January 2023, showing a 17.71% year-on-year increase in inflation rate. (Source: Proshare)
  2. CBN Injects $210m into Foreign Exchange Market: The Central Bank of Nigeria (CBN) has injected $210 million into the foreign exchange market to boost liquidity and stabilize the naira. (Source: Proshare)
  3. FG to Review Tax Laws to Boost Revenue: The Federal Government has announced plans to review the tax laws to increase revenue and reduce tax evasion. (Source: Proshare)
  4. Nigeria's GDP Growth Rate Slows to 3.98% in Q4 2022: The National Bureau of Statistics (NBS) has released the Gross Domestic Product (GDP) report for Q4 2022, showing a 3.98% year-on-year growth rate. (Source: Proshare)
  5. SEC Suspends Trading in 12 Firms Over Non-Compliance: The Securities and Exchange Commission (SEC) has suspended trading in 12 firms due to non-compliance with regulatory requirements. (Source: Proshare)

Market Updates

  1. Nigerian Stock Market Rises by 0.45%: The Nigerian Stock Exchange (NSE) All-Share Index rose by 0.45% to close at 52,444.44 points on Friday. (Source: Proshare)
  2. Oil Prices Rise as OPEC Cuts Production: Oil prices rose on Friday after OPEC cut its production forecast, citing concerns over global demand. (Source: Proshare)
  3. Naira Appreciates Against Dollar: The naira appreciated against the dollar on Friday, closing at N435.50 to the dollar. (Source: Proshare)

Research Reports

  1. Nigeria's Economic Outlook: Challenges and Opportunities: A research report by Proshare highlights the challenges facing Nigeria's economy and identifies opportunities for growth. (Source: Proshare)
  2. The Impact of Inflation on Consumer Spending: A research report by Proshare examines the impact of inflation on consumer spending in Nigeria. (Source: Proshare)

Please note that these are just some of the latest news and updates from Proshare, and you can visit their website for more information.