July 15, 2022/Cordros Report In our May inflation note (see report: Unfavourable Base Effects to Stoke Inflationary Pressures in the Near Term), we projected headline inflation will notch higher in June amidst the base effects from the prior year. In addition, our prognosis was hinged on (1) the high food […]

July 14, 2022/CSL Research A Punch news report stated that many Nigerian car dealers have resorted to diverting imported vehicles scheduled for Nigerian ports to other ports in neighbouring countries, such as Cotonou, before smuggling them into the country. The introduction of the new Vehicle Identification Number (VIN) valuation policy […]

July 14, 2022/United Capital Research Recently, news reports came about the recent takeover of certain discos. The Federal Government (FG) has announced the takeover of three non-performing electricity distribution companies, Kano Disco, Kaduna Disco and Benin Disco, by Fidelity Bank Plc, due to the poor financial performance of the company. […]