May 15, 2023/Cordros Report According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation rose to a fresh 17-year high, increasing by 18bps to 22.22% y/y in April (March: 22.04% y/y). We attribute the price increases to the festive-induced demand and higher transport costs in the review period. Accordingly, […]

(Credit: Esther Ruth Mbabazi/IMF Photos) May 15, 2023/IMF By Laurent Kemoe, Moustapha Mbohou Mama, Hamza Mighri, and  Saad Quayyum Most Sub-Saharan African currencies have weakened against the US dollar, fanning inflationary pressures across the continent as import prices surge. This, together with a growth slowdown, leaves policymakers with difficult choices as they balance keeping inflation […]

May 15, 2023/CSL Research The Minister of Communications and Digital Economy, Isa Pantami, during the Federal Executive Council (FEC) meeting held at the state house in Abuja on Wednesday confirmed that the federal government of Nigeria has approved the national blockchain policy. The minister disclosed that the activities outlined in […]