Updates

Inflation Report – December 2021

January 17, 2022/Coronation Research The NBS has released its December inflation report to show – Headline rate 15.63% y/y (15.40% in November): Core rate 13.87% y/y (13.85%); and Food rate 17.37% y/y (17.21%).     December’s headline reading increased by 23bps (when compared with the previous month) to 15.63% y/y. […]

IOSCO consults on measures to address risks arising from digitalisation of retail marketing and distribution

January 17, 2022/IOSCO The Board of the International Organization of Securities Commissions (IOSCO) today published a Consultation Report to assist its members in adapting their regulatory and enforcement approaches to meet the challenges posed by recent technological developments and the rapidly evolving digitalisation and online activities. Growth in digitalisation and use of […]

Headline Inflation expands by 23bps to 15.63% y/y in December 2021

January 17, 2022/Cordros Update Nigeria’s headline inflation snapped an eighth consecutive month of moderation, as it expanded by 23bps in December 2021 to 15.63% y/y (November 2021: 15.40% y/y). The outturn is 83bps higher than Cordros and Bloomberg’s median consensus estimate (14.8% y/y). Month-on-Month, headline inflation rose by 74bps to 1.82% […]