OPINION/EDITORIAL

Continued Uptick in Food Prices

August 30, 2022/CSL Research Based on the selected food price watch data for July 2022 released by the National Bureau of  Statistics (NBS), major consumer staples showed significant increases year on year and month on month. Y/y, save for Gari in the two variants, all other 41 food items that […]

Real GDP Grew by 3.54% in Q2 2022

August 29, 2022/CSL Research Based on the recently released Q2 2022 GDP numbers, Nigeria’s economy expanded by 3.54% in real terms in the second quarter of the year (Q2 2022), sustaining the positive growth for the seventh consecutive quarter and higher than that of Q1 2022’s GDP of 3.11%. The […]

Q2-22 GDP: Growth Remains Strong; Modest Improvement Expected in Q3-22

August 29, 2022/Cordros Report The recently released Q2-22 GDP report by the National Bureau of Statistics (NBS) showed that Nigeria maintained its positive growth trajectory for the seventh consecutive quarter after the COVID-19-induced decline in Q2-20 and Q3-20. Precisely, real GDP grew by 3.54% y/y in Q2-22 (Q1-22: +3.11% y/y), […]