August 16, 2019/OilPrice.com Oil prices rebounded on Friday morning on the back of some positive U.S. crude data, but the rebound doesn’t look likely to last as the world economy struggles Friday, August 16th, 2019 Oil rebounded in early trading on Friday after data showed that retail sales in the […]
OPINION/EDITORIAL
July CPI: Food Prices Underpin Inflationary Descents
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, […]
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 […]
