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Chamber of Commerce Seeks Action on Inflation, Business Costs

Published . Updated .

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Chamber of Commerce Seeks Action on Inflation, Business Costs

The Lagos Chamber of Commerce and Industry (LCCI) has called on governments at all levels to address infrastructure and security challenges, rising inflation, and the high cost of doing business to strengthen Nigeria’s investment climate and accelerate economic diversification.

Directly affected

  • No company is named in this report.

Indirectly affected

  • AFK VanEck Africa Index ETF

    VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“nigeria”).

  • EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d

    iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Africa

  • EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-0.9% 30d

    VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Africa.

  • EEM iShares MSCI Emerging Markets ETF-2.1% 12d

    iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
AFKPrices arriving within minutes———after closeafter closeafter closeafter close
EMBPrices arriving within minutes———after closeafter closeafter closeafter close
EMLCPrices arriving within minutes———after closeafter closeafter closeafter close
EEMPrices arriving within minutes———after closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Chamber of Commerce Seeks Action on Inflation, Business Costs Voice of Nigeria

Source: Voice of Nigeria

This story

12 out of 100

“Chamber of Commerce Seeks Action on Inflation, Business Costs” scores 12 out of 100. The score uses 1 sources.