Author: InvestAdvocate

Headline Inflation Slows to 23.71% Y/Y in April

May 15, 2025/Cordros Update Based on the rebased CPI data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation eased by 52bps to 23.71% y/y in April (March: 24.23% y/y). On a month-on-month basis, consumer prices moderated to 1.86% (March: 3.90% m/m). Food inflation slowed by 53bps to 21.26% […]

Social Entrepreneur: Western Charities Must Empower African Business

May 15, 2025/Expand PR UK A Ugandan social entrepreneur is urging Western charities to stop freely sending donations and to turn their attention to investing into business in Africa. Haril Kazindra  and wife Andrea are the co-founders of Musana, a community development NGO that runs 19 social enterprises including schools, […]

Inflation Rises by 23.7% in April, 52bps Lower than Prior Month

May 15, 2025/CSL Research According to data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation eased slightly to 23.7% year-on-year in April, compared to 24.2% in March. Likewise, both core and food inflation moderated in April, easing to 23.4% and 21.3% respectively, from 24.4% and 21.8% in the […]