August 19, 2024/CSL Research Based on data from the Central Bank of Nigeria (CBN) as of August 15, 2024, the nation’s external reserves showed a slight decline of US$0.34 billion, decreasing to US$36.53 billion from a year high of US$36.87 billion recorded on 7 August 2024. This decline is attributed […]

August 16, 2024/Futureview Research Headline Inflation In July 2024, the headline inflation rate decreased to 33.40% from 34.19% in June 2024, marking a 0.8% point drop. However, on a year-on-year basis, inflation was 9.32% points higher compared to July 2023’s rate of 24.08%. Month-on-month, inflation in July 2024 was 2.28%, […]

August 16, 2024/InvestmentOne Report Please click to download our July 2024 Inflation Update According to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS), Nigeria’s headline inflation rate decelerated for the first time in nineteen months to 33.40% YoY in July 2024. This marks an […]