Updates

November Headline Inflation Rate Accelerates to 14.89% amid Sustained Rise in Food Index

December 15, 2020/Cowry Asset Report Recently released Consumer Price Index data by the National Bureau of Statistics showed that headline Inflation for November rose for the 15th consecutive month to 14.89% (from 14.23% printed in October). The nothward movement in the headline inflation was chiefly driven by rising food inflation […]

Osinbajo Discusses Nigeria-UK Post Brexit Relation with Johnson’s Trade Envoy

December 15, 2020/OVP Discussions around improving relations between Nigeria and the United Kingdom (UK) across different sectors especially in the post Brexit era is not only exciting but will make a difference for both countries, according to Vice President Yemi Osinbajo, SAN.   Prof. Osinbajo stated this Monday when he […]

Headline Inflation Sustains Uptrend in November 2020

December 15, 2020/Cordros Report According to this morning’s release from the National Bureau of Statistics, headline inflation rose by 66bps to 14.89% y/y in November 2020 – the highest level since January 2018 (15.13% y/y). On a month-on-month basis, consumer prices increased by 6bps to 1.60% – the highest level since […]