February 17, 2021/Cordros Report Nigeria’s headline inflation maintained its uptrend in January 2021, rising to 16.47% y/y (December 2020: 15.75% y/y) – the highest level since April 2017. The outturn was 37bps higher than our estimate (16.10% y/y) and 32bps higher than Bloomberg average consensus estimate (16.15%). Asides from pre-existing […]
OPINION/EDITORIAL
New EFCC Boss Abdulrasheed Bawa: A Fair and Thorough Professional
February 17, 2021 By Sunday Adebayo It is no longer news that Abdulrasheed Bawa is on his way to becoming the new chairman of the Economic and Financial Crimes Commission, EFFC as nominated by President Muhammadu Buhari, pending the Senate’s approval. This relatively unknown young man appears to be the […]
Inflation Crosses 16.4% to a 4-yr High
Culled—Proshare February 16, 2021/Proshare by FDC Ltd Once again, Nigeria’s headline inflation data came in higher than expected, rising to record levels. January’s headline inflation increased by 0.72% to 16.47%, from December’s figure (15.75%) and 0.27% above our forecast (16.2%). This is the 17th consecutive monthly increase and the highest […]
