August 16, 2022/CSL Research The Consumer Price Index (CPI) data released by the National Bureau of Statistics (NBS) showed that headline inflation increased by 105bps to 19.64% in July 2022, in line with our forecast. At this level, inflation is at its highest point in 17 years (from October 2005 […]
OPINION/EDITORIAL
Nigeria July 2022 CPI: Unfavourable Base Effects to Fan Higher Headline Inflation
August 15, 2022/Cordros Report Nigeria’s headline inflation maintained its uptrend for the sixth consecutive month, rising to its highest level in 17 years. According to the National Bureau of Statistics (NBS), consumer prices rose by 105bps to 19.64% y/y in July (June: 18.60% y/y) – the highest print since September […]
Opportunities Exist in Nigeria’s Oil Palm Industry
August 15, 2022/CSL Research Last week, we published a sector report on the Oil Palm industry in Nigeria, with a focus on Okomu and Presco, the two listed palm oil producers. See CSL Nigeria Oil Palm report 12 August 2022). Palm oil prices have reached record highs in 2022, driven […]
