Updates

CBN Univeils Inflation Expectations Survey Report for July 2024

August 27, 2024/CBN  Highlights The businesses and households respondents believe that the July 2024 inflation rate was high, as indicated by the negative index point of -61.1  Most respondents believed changes in the price of energy, exchange rate, and transportation were the major drivers of inflation in July 2024. Respondents […]

Dangote Cement Gboko Commits to Sustainable Infrastructural Development of Host Communities

August 27, 2024/Dangote Group The management of Dangote Cement, Gboko Plant has declared that its host communities are critical stakeholders in its business operations and, as such, their developmental needs are given high priority. Gboko Plant Director, Louis Raj, emphasised the company’s unwavering commitment to the infrastructural and socio-economic development […]

GDP Report- Q2 2024

August 27, 2024/Coronation Research The national accounts for Q2 ’24 from the National Bureau of Statistics (NBS) show that GDP grew by +3.19% y/y compared with the +2.98% y/y recorded in Q1 ’24. The deeper dive shows that the service sector grew by +3.8% y/y and accounted for 58.8% of total GDP […]