July 15, 2022/Coronation Research The NBS has released its June inflation report to show – Headline rate 18.60% y/y (17.71% in May); Core rate 15.75% y/y (14.90%); and Food rate 20.60% y/y (19.50%). June’s headline reading increased by 88bps (when compared with the previous month) to 18.60% y/y. […]
Updates
Pre-MPC July 2022: MPC to Keep Rates Unchanged Despite External Pressures
July 15, 2022/Cordros Report The Monetary Policy Committee (MPC) is expected to hold its fourth meeting of the year on the 18th and 19th of July 2022. We expect the Committee to examine the global economy’s health within the context of continued monetary policy tightening by global central banks and […]
Post-VAIDS: JTB, FIRS Commences Full Scale Enforcement On Defaulters
July 14, 2022/FIRS Upon the effluxion of the amnesty provided by the Voluntary Assets and Income Declaration Scheme (VAIDS) set up by the Federal Government of Nigeria through the Federal Ministry of Finance, the Joint Tax Board (JTB) in collaboration with the Federal Inland Revenue Service (FIRS) would immediately commence […]
