July 16, 2021/Hill+Knowlton Strategies FBNQuest Research According to the Central Bank of Nigeria’s latest Quarterly Statistical Bulletin for Quarter 4, 2020, total Foreign Exhange (FX) inflows into the Nigerian economy declined by -6.4% q/q (-42% y/y) to USD24.8bn. Although aggregate inflows have increased since they bottomed out to a 3-year […]
OPINION/EDITORIAL
Nigeria June 2021 CPI: Headline Inflation to Sustain Deceleration over the Short Term
July 16, 2021/Cordros Report In line with our expectation of the impact of favourable base effects on consumer prices, recently released data from the National Bureau of Statistics (NBS) showed that the headline inflation moderated for the third consecutive month to 17.75% y/y – suggesting that the inflation rate for […]
Uncertainty Has Overtaken Oil Markets Once Again
July 16, 2021/OilPrice.com Uncertainty appears to have overtaken oil markets once again as the UAE and Saudi Arabia agree upon a production agreement but details regarding other OPEC+ members remain unclear. Friday, July 16th, 2021 The baseline amendment agreement between Saudi Arabia and the UAE foreshadowed a familiar path forward […]
