September 16, 2021/CSL Research Yesterday, the National Bureau of Statistics (NBS) published the August Consumer Price Index (CPI) report which in line with our expectation, showed a 17.01% y/y rise in headline inflation, 0.37ppts lower than the 17.38% recorded in July 2021. While the high base in 2020 was supportive, […]
Updates
Aug-2021 Inflation Flash: Sustained Disinflation in August as Headline Inflation Prints at 17.01%
September 15, 2021/United Capital Research Please Click Here to download the full report Earlier today, the National Bureau of Statistics (NBS) released the Consumer Price Index (CPI) report for Aug-2021. According to the report, headline inflation rate rose to 17.01% y/y, printing lower than our forecast of 17.10%, and 37bps lower than Jul-2021 inflation […]
Naira Weakens Further Plunges to N562/$1 at Black Market
The Naira was flat at NGN412.06/USD at the I&E window but depreciated by 0.9% to NGN562.00/USD in the parallel market. September 15, 2021/Cordros Report EQUITIES The Nigerian equities market snapped its two-day mixed trading streak as investors’ interest in MTNN (+1.5%) underpinned a +0.1% increase in the All-Share index to 39,968.34 […]
