MONDAY DASHBOARD: Latest on the data that drives the Nigerian Economy.

Research Team

4 years ago

Total Coronavirus count – Cases 51,905, Death 997 (1.95%), Recovered 38,767 (74.7%).
Macro data – Consumer Price Index (CPI) report, for the month of July released by the National Bureau of Statistics, shows that the inflation rate at 12.8%.
External Reserves – Nigeria External reserve dipped -0.06% from $35.62 billion recorded on the 14th August 2020 to $35.59 billion on 20th August 2020.
Exchange Rate – Naira to USD in the parallel market hovered around as N470/$1 and N478/$1 during the week. NAFEX Rate N386.
Nigerian Stocks – NSE All-share index grew by +0.09% from 25,199.84 to 25,221.87 basis points.
Highest gainers – Lasaco Assurance +26.92%, Int’l Breweries +26.32%, Cornerstone Insurance +18.37%, Neimeth +12.36%.
Highest Losers – Royal Exchange -16.13%, ABC Plc -14.89%, Conoil -9.76%, PZ Cussons -9.41%.
Marked down – MTN Nigeria, Flour Mills of Nigeria, Cornerstone Insurance (means it closed register for payment of dividends).
Next Markdown – Consolidated Hallmark Insurance, Custodian Investment
Paying Dividend this week – MTN Nigeria
Data Expected this week – GDP 2020 Q2

Total Coronavirus count worldwide; Cases 23,354,103, Death 807,617 (3.46%), Recovered 15,846,133 (67.9%).
Unemployment around the world – India’s overall unemployment rate during the week hit a nine-week high at 9.1%
Going Bankrupt – Valaris Plc
Fighting for its life – CBL Properties
US Stocks Weekly change – Dow Jones 0%, S&P +0.72%%, Nasdaq +3.5%.
Global Stocks – German Xetra Dax -1.06%, London FTSE 100 -1.45%, Japan Nikkei 255 -1.58%, China Shanghai +0.61%, South Africa JSE -1.98%.
Crude Oil Prices – WTI +0.79%, Brent -1.51%, Natural Gas +4.06%
Commodities- Gold Prices -0.21%, Wheat +5.25%, Soybeans +0.36%, Palm Oil +0.44%, Sugar -2.06%
Notable Actions – Facebook on Thursday launched a $40 million grant program for Black-owned businesses hit by the coronavirus pandemic.