April 17, 2023/Cordros Report The National Bureau of Statistics (NBS) recently released the March 2023 inflation report, showing that the headline inflation increased by 13bps to 22.04% y/y (February: 21.91% y/y) – the highest print since September 2005 (24.32% y/y). Parsing the breakdown provided, we highlight that food prices rose […]
OPINION/EDITORIAL
Top 5 Sectors Poised for Growth in the MSGBC Region
As one of the continent’s frontier destinations for oil and gas, renewables and mining developments, the MSGBC region is poised to benefit from international and intra-regional investment across an array of sectors April 17, 2023/Energy Capital & Power On the back of heightened investment as a result of the region’s […]
Nigeria’s Growth Outlook Unchanged as the IMF Trims Global Growth
April 17, 2023/Coronation Research The IMF in its latest World Economic Outlook (WEO) has trimmed its global forecast for 2023 to 2.8% y/y from 2.9% y/y predicted in its January ’23 WEO. For 2024, the growth projection was revised downwards to 3.0% y/y from 3.1% y/y. The IMF noted that […]
