January 15, 2024/Cordros Update Nigeria’s headline inflation grew stronger by 72bps to 28.92% y/y in December (November: 28.20% y/y). The outturn is 90bps and 32bps higher than Cordros’ (28.02% y/y) and Bloomberg’s median consensus (28.60% y/y) estimates, respectively. Similarly, on a month-on-month basis, headline inflation rose by 20bps to 2.29% […]
OPINION/EDITORIAL
Top 10 Blogs of 2023 Unpack Global Economy, Inflation, Debt, Trade and Asia
(Credit: Adobe Stock and IMF) January 15, 2024/IMFBlog By Jeff Kearns The global economy showed signs of resilience at the beginning of this year as central bank campaigns to contain inflation started to pay off and China scrapped pandemic restrictions. While the recovery endured, price increases proved persistent and the outlook for world […]
FG Transfers 40% Shares in Electricity DisCos
January 15, 2024/CSL Research In a recent development, the Federal Government (FG) has reassigned its 40% shareholding in electricity distribution companies (DisCos) from the Bureau of Public Enterprises (BPE) to the Ministry of Finance Incorporated (MOFI). In a letter dated January 10,2024, Wale Edun, the Minister of Finance and Coordinating […]
