OPINION/EDITORIAL

Nigeria inflation rises to 15.7%…what next?

March 16, 2022 Written on 16/03/2022 by Lukman Otunuga, Senior Research Analyst at FXTM  While central banks across the globe are tightening monetary policy in the face of rising inflation, the Central Bank of Nigeria is likely to keep interest rates unchanged following the latest CPI report. Consumer prices rose […]

Unabating Oil Pipeline Vandalism: A headwind to oil production output…

March 16, 2022/United Capital Research The Nigerian oil production capacity has been met with a series of obstacles over time, resulting in the observed regressive growth of the Nigerian oil production sector amid consistent lag tete-à-tete OPEC quota.  These mitigating factors include community interference, industrial actions by oil workers, Covid-19 […]

Nigeria February 2022 CPI: Domestic Prices to Maintain Uptrend on Higher Energy Prices

March 15, 2022/Cordros Report According to the recently released data by the National Bureau of Statistics (NBS), headline inflation rose by 10bps to 15.70% y/y – its highest level in five months. The increase was primarily driven by the core basket (+14bps to 14.01% y/y) in line with the increased […]