Updates

FG, States to Work Together on Forthcoming Economic Sustainability Plan

*NEC, in first virtual meeting, sets up Committee to liaise with PTF on reopening economy across the country May 21, 2020/OVP Members of the National Economic Council rose from their first virtual meeting today with a resolution to ensure a more effective synergy between the Federal Government and the sub-nationals […]

Oando Employees Feed Over 21,000 Lagosians Through TAP Initiative

May 21, 2020/Oando Plc With 87 million Nigerians living on less than $1.90 a day (from the World Data Lab’s Poverty Clock), Nigeria is considered the poverty capital of the world. It is projected that this figure will rise by 30 million by 2030 and all before we were hit […]

Headline Inflation Expanded by 8bps to 12.34% y/y in April 2020

May 21, 2020/Cordros Report Nigeria’s headline inflation continues its uptrend for the eight straight months, as it expanded by 8bps in April 2020 to 12.34% y/y (March: 12.26% y/y). We highlight that the outturn is 4bps higher than the prior month’s number and Cordros’ estimate (12.30% y/y). On a month-on-month […]