April 21, 2020/Cordros Report This morning, the National Bureau of Statistics released inflation data for March 2020, showing that, for the seventh consecutive month, headline CPI notched another yearly increase of 7bps to 12.26% y/y. Beyond the negative surprise from both the core (+30bps) and food (+7bps) baskets, the unfavourable […]

Local content policies and localization strategies cannot be forgotten in the pursuit of investment and efficiency April 21, 2020/AEC By Verner Ayukegba Africa is at an energy cross-road. On one hand, the most talented, better educated, most entrepreneurial and competitive generation the continent has ever had is rising and taking […]

April 20, 2020/Coronation Report The Federal Government of Nigeria (FGN) is proposing a revised budget for 2020 which is designed to generate a deficit in the region of N5.2 trillion (US$13.5 billion), up from the previous estimate of N2.2 trillion. Normally one would expect the prospect of rising government debt […]