March 15, 2024/Cordros Report Nigeria’s headline inflation rose by 180bps in February to 31.70% y/y (January: 29.90% y/y). The outturn is 50bps and 40bps higher than Cordros’ (31.20% y/y) and Bloomberg’s median consensus (31.30% y/y), estimates, respectively. Similarly, on a month-on-month basis, headline inflation increased by 48bps to 3.12% (January: 2.64% m/m). Food […]
OPINION/EDITORIAL
Shifting Perspectives, Pushing Economic Resilience
March 15, 2024/Coronation Research Global Economic Landscape, a Delicate Balance between Optimism and Caution The resilience in the latter half of the previous year sets a foundation for cautious optimism, albeit amidst lingering challenges and potential turbulence. The anticipated steady global GDP growth of at least 3.1% y/y, in addition […]
Bullish Sentiment Finally Breaks Out in Oil Markets
March 15, 2024/Oilprice.com Tom Kool Editor, Oilprice.com It appears that bullish sentiment has finally broken out in oil markets, helped along by geopolitical uncertainty and an increasingly optimistic demand outlook. Friday, March 15th 2024 Brent futures have broken through the $85 per barrel for the first time since November, indicating […]
