September 15, 2021/Cordros Report In August, Nigeria’s headline inflation sustained its deceleration in line with the slower pace of increase in food prices amidst stable fuel prices. According to the National Bureau of Statistics (NBS), the year-on-year headline inflation tapered by 37bps to 17.01%. The food basket (+20.30% y/y vs […]

September 15, 2021/CSL Research Based on media reports, the Rivers State government has filed an appeal at the Supreme Court to challenge the ruling of the Court of Appeal in the Value Added Tax (VAT) dispute between the state and the Federal Inland Revenue Service (FIRS). This development follows the […]

September 15, 2021/United Capital Research In recent weeks, FX pressures have intensified in the parallel market with the exchange rate closing at a record low of N550.0/$ on Monday, 13th Sep 2021. We discussed the possible impact of the Central Bank of Nigeria’s (CBN) decision to stop dollar sales to […]