October 15, 2024/Cordros Update Nigeria’s headline inflation advanced by 55bps to 32.70% y/y in September (August: 32.15% y/y). The outturn is 30bps higher than Cordros’ (32.40% y/y) and Bloomberg’s median consensus (32.40%) estimates. On a month-on-month basis, headline inflation increased by 30bps to 2.52% (August: 2.22% m/m). Food inflation increased […]

October 9, 2024/NBS In Q2 2024, total capital importation into Nigeria stood at US$2,604.50 million, higher than US$1,030.21 million recorded in Q2 2023, indicating an increase of 152.81%. In comparison to the preceding quarter, capital importation declined by 22.85% from US$3,376.01 million in Q1 2024. • Portfolio Investment ranked top […]

The investment will help Ecobank Sierra Leone to grow its loan book by increasing credit limits and extend lending tenors to up to five years October 7, 2024/Ecobank Transnational Incorporated The facility will increase lending to businesses in Sierra Leone where access to finance is limited, support local currency lending […]