December 17, 2024/United Capital Report Extracts from Nov-2024 Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) revealed that the Nigeria’s headline inflation printed at 34.60% on a year-on-year (y/y) basis, indicating a 72bps climb from 33.88% y/y recorded in Oct-2024, the highest in 26 years. […]
Updates
Inflationary Pressures Remain Elevated in November, as Headline Inflation Increased 72bps to 34.60% Y/Y
December 16, 2024/Coronation Report The NBS has released its November inflation report to show Headline rate: 34.60% y/y (33.88% in October) Core rate: 28.75% y/y (28.37%) Food rate: 39.93% y/y (39.16%) Inflationary pressures […]
AfDB to Make $30 Million Equity Investment in AFC to Catalyse Climate Action
The investment is projected to contribute to the creation of over 1,600 full-time equivalent jobs by 2031, while also fostering regional integration, and generating clean, reliable energy December 16, 2024/AfDB The African Development Bank’s Board of Directors has approved a $30 million equity investment in Africa Finance Corporation (AFC) for […]
