January 15, 2025/Cordros Report Nigeria’s headline inflation rose by 20bps to 34.80% y/y in December (November: 34.60% y/y). The increase was primarily attributed to the higher core prices despite a moderation in food inflation. The figure is 11bps lower than Cordros’ estimate (34.91% y/y). Meanwhile, on a month-on-month basis, headline inflation eased […]
Author: InvestAdvocate
CBN Data Shows Nigeria’s Current Account Surplus of US$6.1bn in Q3 2024
January 14, 2024/FBNQuest Research The Central Bank of Nigeria (CBN) data on Nigeria’s Balance of Payments (BoP) shows that Nigeria’s current account (CA) produced a net surplus of US$6.1bn in Q3 2024, up from a revised net surplus of US$3.9bn in Q2 2024 and US$1.5bn in the corresponding quarter of […]
Oil Prices Remain Elevated After Russia Sanctions Sparked Supply Concerns
January 14, 2025/Oilprice.com Michael Kern Editor, Oilprice.com In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some of the key market movers early this week before providing you […]
