August 31, 2016/Cordros Research Nigeria’s inflation rate rose 17.1% in July up from 16.5% in June, 2016 after a sixth successive month of a relatively strong increases in the CPI. This month’s inflation figure came in lower than consensus estimate of 17.3%. Month on month inflation rose at a slower […]
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Untapped Intra-Regional Trade Opportunities Key to boosting African Economies
Despite an average annual growth in exports of 8.5% since 2010, trade between African regions remains low when compared to other parts of the world, according to The Africa Economic Outlook Report 2016 August 31, 2016/Deutsche Post DHL Despite an average annual growth in exports of 8.5% since 2010, trade […]
Naira hits 418/dollar as forex scarcity lingers
August 31, 2016/Punch Oyetunji Abioye The naira plunged to 418 against the dollar at the parallel market on Tuesday as scarcity of foreign exchange continued to weigh on the official interbank and black market. The local currency, which closed at 414 against the greenback on Monday, traded at 415 in […]
