OPINION/EDITORIAL

Implications of Continued Extension of Ways & Means by the FGN

July 27, 2021/Cordros Report Since the economic recession in 2016, the growing imbalance between the revenue generated and expenditure has generated widespread attention given the rising fiscal deficits and weakening debt sustainability metrics. Although the fiscal authorities have made efforts in improving revenue (CAGR of 7.5% between 2016 and 2020) […]

Food Prices Still on the Rise

July 27,2021/CSL Research Rising food prices amidst food scarcity appear to be the new reality, a worrisome situation pushing many Nigerians below the poverty line. According to the selected food price watch data for June 2021 by the National Bureau of Statistics (NBS), prices of consumer staples have continued to […]

MPC Likely to Hold Rates

July 27, 2021/Coronation Research The monetary policy committee (MPC) meets today and tomorrow. At its last meeting held in May, the committee was faced with two broad options: address the high inflationary pressure or pursue measures to support the economic recovery.  FX Last week, the exchange rate at the Investors […]