May 17, 2021/US Federal Reserve In the fourth quarter of 2020, nearly one-fourth of adults said that they were worse off financially compared to a year earlier, reflecting the economic fallout and distress resulting from the global COVID-19 pandemic. The Federal Reserve Board’s report, Economic Well-Being of U.S. Households in […]
Updates
Invest Africa and Absa Group announce strategic collaboration
Strategic alliance will support the development of Africa’s financial services and the growth of Absa Group, a leading African retail, corporate and investment bank May 17, 2021/Invest Africa Invest Africa (www.InvestAfrica.com), the leading business and investment platform for African markets, and Absa Group, one of Africa’s largest diversified financial services […]
Headline Inflation Moderates by 5bps to 18.12% y/y in April 2021
May 17, 2021/Cordros Update Nigeria’s headline inflation slowed down for the first time since August 2019 when it declined marginally by 6bps. Pertinently, the headline inflation moderated by 5bps to 18.12% y/y in April 2021 (March: 18.17% y/y). The outturn is 63bps lower than Cordros’ estimate (18.75% y/y) and 68bps […]
