September 15, 2020/Cordros Report Nigeria’s inflation maintained its uptrend in August as currency weaknesses, increase in the price of PMS, climate change, and insecurity in the food producing region of the country put pressure on both food and energy prices. According to data from the National Bureau of Statistics (NBS) […]

September 15, 2020/IMFBlog By Kristalina Georgieva and Abebe Aemro Selassie Perhaps first among the many lessons of 2020 is that the notion of so‑called black swan events is not some remote worry. These purportedly once‑in‑a‑generation events are occurring with increasing frequency. Take climate‑related shocks, especially in sub‑Saharan Africa. More than […]

September 14, 2020/Coronation Report The past three weeks have seen an unusual number of macroeconomic changes. The Central Bank of Nigeria (CBN) announced plans to clear the backlog of foreign currency demands and began supplying US dollars to the Bureaux de Change (BDC). Nigeria won an important High Court case […]