July 16, 2024/Coronation Research Nigeria’s economic growth story is built on a solid foundation – well-capitalised banks. These banks act like well-stocked irrigation systems, channelling essential funds towards critical sectors and ensuring the economy flourishes. Firm capital reserves empower banks to lend confidently, directing those funds like life-giving water to propel […]
OPINION/EDITORIAL
WTI Falls to $80 Despite Expectations of Global Q3 Supply Deficit
July 16, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices are falling on Tuesday morning as weaker-than-expected economic data from China sparks demand concerns. WTI crude fell back to the $80 handle ahead of this week’s crude inventory data reports. Despite this, traders remain positive that the current quarter could be […]
Nigeria June 2024 CPI: Base Effect to Support Disinflation in July
July 15, 2024/Cordros Report Based on the National Bureau of Statistics (NBS) June CPI Report released earlier today, headline inflation rose by 34.19% y/y in June, reflecting a 24bps increase relative to the previous month (May: 33.95% y/y). We highlight that the inflation print was 19bps higher than both Cordros’ […]
