P
ProfRem
Guest
A quick stroll at Nigerian market shows that price of commodities are still on the high side compared to the same commodity year on year.
Macro Indicators As At (27.10.16)
Brent Crude Oil Price: US$50.19 per barrel
Interbank Exchange Rate: N306.78/US$1
Overnight Interest Rate: 11.25%
NSE Market Cap (26/10/2016 .: N9.31 trillion
Gasoline $149.32 gal
Natural gas $2.73/MMBtu
Cocoa $2.660/MT
Gold $40.79 Per Gram
Silver $0.57 Per gram
Rice - 17,500 to N22,000
Garri - 12, 000 while paint bucket goes for N600 - 700
Bag of Cement - 2,300
Bag of Indomie 120Kg - 3, 000
Spaghetti - N200 - 250
Tomato - N800 - 1000 Per basket
Macro Indicators As At (27.10.16)
Brent Crude Oil Price: US$50.19 per barrel
Interbank Exchange Rate: N306.78/US$1
Overnight Interest Rate: 11.25%
NSE Market Cap (26/10/2016 .: N9.31 trillion
Gasoline $149.32 gal
Natural gas $2.73/MMBtu
Cocoa $2.660/MT
Gold $40.79 Per Gram
Silver $0.57 Per gram
Rice - 17,500 to N22,000
Garri - 12, 000 while paint bucket goes for N600 - 700
Bag of Cement - 2,300
Bag of Indomie 120Kg - 3, 000
Spaghetti - N200 - 250
Tomato - N800 - 1000 Per basket