July 17, 2023/Cordros Report According to the data released by the National Bureau of Statistics (NBS), Nigeria’s headline inflation surged to a new 18-year high, rising by 38bps to 22.79% y/y in June (May: 22.41% y/y). However, we note that the inflation print is below our expectation following the surprise […]
OPINION/EDITORIAL
Sustained Growth in the Insurance Sector; Gross Premium Income Grew by 18% YoY to N726bn in Q4 2022
July 14, 2023/FBNQuest Data from the National Insurance Commission (NAICOM) reveals that the gross premium income of the insurance sector increased by 18% y/y and 36% q/q to NGN726bn in Q4 ’22. The total premium income is made up of income generated from both the life insurance and non-life insurance […]
Oil Bulls Are Back As Brent Breaks Above $80
July 14, 2023/Oilprice.com Michael Kern, Oilprice.com Bullish sentiment has been growing in oil markets this week, with inflation in the U.S. slowing dramatically and markets tightening on the back of supply disruptions and production cuts. Friday, July 14th, 2023 News of a marked drop in US inflation growth this week […]
