What To Expect From The Markets This Week - 161017


Saturday, October 14, 2017 08:00 AM / Proshare 

Economic Dashboard

 Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

From the Editor’s Desk
In the week ahead, the National Bureau of Statistics will make available inflation figures for the month of September 2017. We expect core inflation to sustain its downward trajectory, as it remains a downside risk to inflation. The slight dip in inflation experienced in the previous month, was as a result of the busy season effect on food prices:  even though the rain came in late. Given earlier trend, prices of staple food are expected to soften as cyclical factors support an increase in supply. Therefore inflation in the month of September will ease off slightly. 

Fig 1:  Rainfall Statistics in some selected towns in 2016

Proshare Nigeria Pvt. Ltd.

Source: CBN, Proshare research  

Monday, October 16, 2017
The 47th Annual Accountants' Conference of the Institute of Chartered Accountants of Nigeria (ICAN), the 2nd Annual Nigeria Mining Week Expo 2017 and the 3rd African International Conference on Islamic Finance will commence today in Abuja. 

Tuesday, October 17, 2017
The National Bureau of Statistics will today release the September 2017 Consumer Price Index & Inflation, AGO/Diesel Price, PMS/Petrol, HHK/Kerosene, Transport Fare, Liquefied Petroleum Gas (cooking gas) and Selected Food Prices Watch. 

Meristem Securities Limited will today launch its investment game –
MeriGame at the Nigerian Stock Exchange, while the Worldview Education Fair an event dedicated to helping institutions recruit prospective international students from Nigeria will hold in Abuja. 

The National Branding Conference 2017 organised by Brandzone in conjunction with the Centre for Values in Leadership will hold today in Lagos.

Wednesday, October 18, 2017
The Board of Directors of Guaranty Trust Bank (GTBank) will meet today to discuss the Unaudited Financial Statements for the third quarter ended September 30, 2017 

The Nigeria
Alternative Energy Expo 2017 themed “Harnessing Tomorrow’s Energy Today: A Unified Approach” will commence today in Abuja while the 24th Annual LAPO Development Forum, themed “Galvanizing SMEs towards inclusive development” holds in Lagos. 

Thursday, October 19, 2017       
The Nigerian-South African Chamber of Commerce October 2017 Breakfast meeting sponsored by Phillips Consulting will hold today in Lagos. Commercial Risk Africa (CRA) in Partnership with Association of Enterprise Risk Management Professionals (AERMP) will hold the 3rd Risk Frontiers West Africa Risk Conference today. 

BudgIT will today launch its 2017 Edition of its State of States Report in Abuja, while Verdant Zeal in conjunction with the Kaduna State Government will hold an Innovation Roundtable themed “How Innovation drives
Entrepreneurship: The  Case for SMEs & Start-Ups” in Kaduna. 

Royal Exchange Plc
will hold its Annual General Meeting today in Kano. 

 Check out our Events Calendar for event details and follow us on Web, TV, APP and Social Media for updates as the week unfolds. Yours to Serve

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For further information, enquiry or submission of information, kindly contact market@proshareng.com and research@proshareng.com Tel: 0700 PROSHARE    

Proshare Nigeria Pvt. Ltd.

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Previous Week(s)

1.       What To Expect From The Markets This Week - 091017
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3.       What To Expect From The Markets This Week - 250917
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