Author: InvestAdvocate

March 2025 Inflation Report – Headline Inflation Resumes Uptrend Amid Higher Energy Costs

April 16, 2025/InvestmentOne Update The recently released Consumer Price Index (CPI) data by the National Bureau of Statistics revealed an increase in inflationary pressures in the Nigerian economy. This represents the first uptrend since the CPI was rebased in January 2024 to reflect recent economic realities and changes in consumption […]

UBA Unveils Upgraded PoS Terminal, Revamped MONI App to Accelerate Digital Payments, Empower Businesses Across Africa

…….New UBA PoS, UBA MONI App Offer instant Payment, Real-Time Network Monitoring April 13, 2025/UBA Plc Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled its vastly improved Point of Sale (POS) Terminal as well as the UBA MONI App to redefine the digital payment landscape and empowering […]

Headline Inflation Accelerates to 24.23% Y/Y in March

April 15, 2025/Cordros Report Based on the rebased CPI data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation increased by 105bps to 24.23% y/y in March (February: 23.18% y/y). On a month-on-month basis, consumer prices increased to 3.90% (February: 2.04% m/m).