Culled—Proshare January 13, 2017/FSDH Research Highlights • We expect the inflation rate (year-on-year) to drop marginally to 18.44% from 18.48% recorded in November 2016 • The Food Price Index at the international market decreased marginally by 0.07% in the month of December 2016 • The value of the Naira depreciated […]
Updates
AfDB commits US $40.8 million to reinforce the Lomé–Cotonou Road and protect it against coastal erosion
January 12, 2017/AfDB The Board of Directors of the African Development Bank Group (AfDB) approved on Friday, December 16, 2016 a US $40.8-million loan to the Republics of Benin and Togo to finance the upgrading into a four-lane 30-kilometre road section linking the capitals of both countries, as well as […]
Marginal Drop in Internet Subscriptions; Contracts by 5.5% in November 2016
Culled—Proshare January 12, 2017/FBNQuest Research The latest data released by the NCC, the industry regulator, show that internet subscriptions stood at 92.4 million in November, representing a y/y contraction of -5.5%. The figure implies density of 50% in a population estimated at 185 million, placing Nigeria well above the African […]
