November 17, 2020/Cordros Report Nigeria’s headline inflation notched higher in October to 14.23% y/y, relative to 13.71% y/y in the prior month. This was in line with our expectation of higher month-on-month reading, stemming from limited bountiful food harvest, and lingering effect of border closure and currency depreciation – see […]
OPINION/EDITORIAL
Second-best equity market in the world
November 16, 2020/Coronation Report As of Friday, the Nigerian Stock Exchange was the world’s best-performing equity market in local currency terms and its second-best performer in US dollar terms. The market was up 30.53% year-to-date in Naira terms and up 24.60% in US dollar terms (translating at the NAFEX rate). […]
IMF Lending Lifeline: Addressing Urgent Financing Needs Brought on by the Pandemic
November 16, 2020/IMFBlog The human toll and global economic disruption from the COVID-19 pandemic triggered unprecedented demand for financing. More than 1/3 of the IMF’s membership have received relief from the Fund. Since the onset of the pandemic, the IMF has responded rapidly and decisively to meet urgent and exceptional […]
