August 16, 2019/Cordros Report For the second consecutive month, Nigeria’s headline inflation reading decelerated. For July, inflation slowed by 14bps to 11.08% y/y – the lowest reading since Feb 2016. While the moderation was primarily due to moderation in food prices, we highlight that the core inflation remained largely contained, […]
OPINION/EDITORIAL
FG Mulls Repossession Of Discos
Culled—Proshare August 16, 2019 By CSL Research Yesterday, Punch newspaper reported plans by the government repossess 10 electricity distribution firms as one of the options to rescue the nation’s troubled electricity industry. According to the report, the Federal Government would require up to US$2.4bn (N736bn) to repossess the privatised distribution […]
A Rising Tide Lifts All Boat – H1 2019 Review And H2 Outlook
Culled—Proshare August 15, 2019/Greenwich In the first half of the year 2019, the Nigerian economy stabilised, at a growth rate of 2.01%, figures from the most recently released quarterly GDP estimates from the National Bureau of Statistics (NBS) show. The capital outflow last year, sprung on to 2019, as the […]
