August 19, 2022/United Capital Research Anglophone West Africa Nigeria The National Bureau of Statistics (NBS) published the Consumer Price Index (CPI) report for Jul-22. Headline inflation rose 104bps to 19.6% for the month, the highest level since Jan-2017, with the inflation basket expanding 1.8% m/m. Food inflation rose to 22.0% […]

*Receives briefing on crude oil production & security    *Council sub-committee to consider Governors’ concerns over ownership of new NNPC Ltd August 18, 2022/OVP The National Economic Council (NEC) has endorsed a report on the 2021 financial performance of the Nigeria Sovereign Investment Authority (NSIA), commending the board and management […]

August 16, 2022/US Federal Reserve The Federal Reserve Board on Tuesday provided additional information for banking organizations engaging or seeking to engage in crypto-asset-related activities. The emerging crypto-asset sector presents potential opportunities to banking organizations, their customers, and the overall financial system; however, crypto-asset-related activities may also pose risks related […]