November 16, 2021/CSL Research In line with our expectation, the Consumer Price Index (CPI) data released by the National Bureau of Statistics (NBS) revealed that headline inflation further moderated by 64bps to 15.99%, making it the seventh consecutive month of decline. Without a doubt, the current disinflation continues to see […]
OPINION/EDITORIAL
Base Effects to Support Price Deceleration over the Short Term
November 15, 2021/Cordros Report Domestic prices sustained their deceleration for the seventh consecutive month in line with the favourable base effects from the prior year. According to the National Bureau of Statistics (NBS), headline inflation moderated by 64bps to 15.99% y/y – the lowest since December 2020 (15.75% y/y). The […]
NERC Raises Meter Price on Macroeconomic Pressures
November 15, 2021/CSL Research Based on news reports, electricity consumers in the country will, effective today, November 15, pay an additional 31% and 32% on the costs of both single-phase and three-phase meters, respectively. In the document obtained by the media sources, the Federal Government through the Nigerian Electricity Regulatory […]
