November 10, 2022/Fitch Ratings The post-pandemic recovery of European retailers’ profitability and deleveraging have been halted by sharply increased inflation that is forcing consumers to ration purchases and raising retailers’ costs, some of which can be difficult to pass on, Fitch Ratings says. Many of these retailers’ ratings in our […]
OPINION/EDITORIAL
Increase in Rice Prices to Drive Food Inflation?
November 10, 2022/CSL Research Based on a BusinessDay report, the price of a 50kg bag of locally parboiled rice in Nigeria grew by 53.6% in two months driven by the floods that ravaged many parts of the country. According to the report, a 50kg bag of locally parboiled rice now […]
Sharp Decline in Rail Transport Revenue in Q2 2022
November 10, 2022/FBNQuest The latest report from the National Bureau of Statistics (NBS) on rail transportation shows that the total revenue generated through this mode of transportation rose by 140% y/y to NGN2.2bn in Q1 ‘22 but fell by -37% y/y to cNGN734.5m in Q’2 22. On a q/q basis, […]

