January 15, 2025/IOSCO The Basel Committee on Banking Supervision (BCBS), the BIS Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) today published Final Reports on initial and variation margin in centrally cleared and non-centrally cleared markets. The Reports address areas of further policy […]
Updates
Headline Inflation Increases Further by 20bps to 34.80% y/y in December
January 15, 2025/Cordros Report Nigeria’s headline inflation rose by 20bps to 34.80% y/y in December (November: 34.60% y/y). The increase was primarily attributed to the higher core prices despite a moderation in food inflation. The figure is 11bps lower than Cordros’ estimate (34.91% y/y). Meanwhile, on a month-on-month basis, headline inflation eased […]
CBN Data Shows Nigeria’s Current Account Surplus of US$6.1bn in Q3 2024
January 14, 2024/FBNQuest Research The Central Bank of Nigeria (CBN) data on Nigeria’s Balance of Payments (BoP) shows that Nigeria’s current account (CA) produced a net surplus of US$6.1bn in Q3 2024, up from a revised net surplus of US$3.9bn in Q2 2024 and US$1.5bn in the corresponding quarter of […]
