May 17, 2022/InvestmentOne Report Please click to download our April 2022 Inflation Update Recently, the National Bureau of Statistics (NBS) released the April 2022 inflation report which revealed that inflation sustained the upward trajectory witnessed in previous months. In specifics, headline inflation jumped by 90bps to 16.82% y/y in April […]
Updates
Rapid Response: Headline Inflation Increases by 90bps to 16.82% y/y in April
May 16, 2022/Cordros Update Nigeria’s headline inflation rose by 90bps in April to 16.82% y/y (March: 15.92% y/y) – the highest since August 2021 (17.01% y/y). The outturn is 16bps higher than Cordros’ estimate (16.66% y/y) and 42bps higher than Bloomberg’s median consensus estimate (16.40% y/y). On a month-on-month basis, […]
AFC Launches US$2bn Facility to Support Economic Recovery & Resilience in Africa
May 15, 2022/Aetoswire In response to economic challenges created by the global pandemic and the Russia-Ukraine conflict, Africa Finance Corporation (AFC) is launching a US$2billion facility to support recovery and resilience in Africa. AFC has committed to funding up to 50% of the new African Economic Resilience Facility and mobilising the remainder […]
