November 15, 2023/NBS All Items Index In October 2023, the headline inflation rate increased to 27.33% relative to the September 2023 headline inflation rate which was 26.72%. Looking at the movement, the October 2023 headline inflation rate showed an increase of 0.61% points when compared to the September 2023 headline […]
OPINION/EDITORIAL
Nigeria October 2023 CPI: Headline Inflation Appears to be Reaching its Peak
November 15, 2023/Cordros Report The National Bureau of Statistics (NBS) revealed that pressures on domestic prices intensified in October, as the lingering challenges stoking prices remained intact amid the impact of the low base effects from the prior year. Accordingly, consumer prices are at their highest level since August 2005 […]
Infrastructure Financing from Islamic Development Bank
November 15, 2023/CSL Research Based on a Business Day report, President Bola Tinubu, in Mecca, Saudi Arabia, advanced negotiations for a multi-billion-dollar infrastructure finance facility from the Islamic Development Bank (IDB) to fund a multi-sectoral portfolio of infrastructure projects across the federal and sub-national levels in Nigeria. The negotiation was […]
