July 15, 2024/Cordros Report Based on the National Bureau of Statistics (NBS) June CPI Report released earlier today, headline inflation rose by 34.19% y/y in June, reflecting a 24bps increase relative to the previous month (May: 33.95% y/y). We highlight that the inflation print was 19bps higher than both Cordros’ […]
Updates
Nigeria’s June 2024 Inflation Rose to 34.19% from 33.95% in May’24
July 15, 2024/Futureview Research Headline Inflation In June 2024, the headline inflation rate rose to 34.19%, an increase of 0.24% points from May 2024’s rate of 33.95%. This marks a year-on-year rise of 11.40% points from the 22.79% recorded in June 2023, reflecting a significant increase over the past year. […]
Dangote Says Company’s Projected $30Bn Revenue will Boost the Naira Value
July 15, 2024/Dangote Group President of Dangote Group, Aliko Dangote, on Sunday stated that his company’s aim is to become the leading supplier of foreign exchange in the FX market soon, as it targets $30 billion in revenues by the year 2025. During a tour of the Dangote Petroleum […]
