August 16, 2023/CSL Research After a long wait, the Central Bank of Nigeria released its consolidated and separate financial statements for the first time since 2015. This follows President Bola Ahmed Tinubu’s order to the appointed special investigator -CEO of Financial Reporting Council of Nigeria, Jim Obaze to probe CBN […]
OPINION/EDITORIAL
July 2023 Inflation Report – Inflation Maintains its Upward Momentum
August 16, 2023/InvestmentOne Report Please click to download our July 2023 Inflation Update According to the latest CPI figures from the National Bureau of Statistics (NBS), inflation expanded further as it increased by 129bps to 24.08% y/y in July from the June reading of 22.79% y/y. The rise in inflation […]
Nigeria July 2023 CPI: Consumer Prices to Remain under Pressure in the Short Term
August 15, 2023/Cordros Report Headline inflation remains elevated in July as the haunting currency devaluation, higher PMS prices, and food shortages continue to pressure consumer prices. Accordingly, the Consumer Price Index (CPI) data reported by the National Bureau of Statistics (NBS) revealed that consumer prices increased by 129bps to 24.08% y/y […]
