January 17, 2022/Cordros Report The December 2021 inflation report recently released by the National Bureau of Statistics (NBS) showed that the headline inflation snapped eight consecutive months of deceleration, increasing by 23bps to 15.63% y/y. The preceding was due to a negative surprise from the food basket amid the sustained […]

January 17, 2022/Proshare by FBNQuest Research  Today, we conclude our series on Nigeria’s balance of payments (Good Morning Nigeria, 11 & 12 Jan ’22) by turning our attention to the financial accounts. Our chart below shows that the financial account swung to a net surplus of USD2.6bn or 2.3% of GDP in Q3 […]

January 14, 2022/CardinalStone Research Executive Summary Nigeria appears on course to surpass its pre-COVID 5-year peak growth of 2.21%. Precisely, we project growth rates of 2.65% and 2.70% for 2021 and 2022, respectively. However, these projected economic outturns still lag the long-run trend growth of 4.0% on the impact of […]