February 15, 2024/Cordros Report Nigeria’s headline inflation rose by 98bps in January to 29.90% y/y (December: 28.92% y/y). The outturn is 40bps higher than Bloomberg’s median consensus estimate (29.50% y/y). Likewise, on a month-on-month basis, headline inflation increased by 35bps to 2.64% (December: 2.29% m/m). Food inflation grew stronger […]
Updates
NGX Group, Nigerian Capital Market Community Paid Condolence Visits to Ogunbanjo and Wigwe’s Families
February 15, 2024/NGX Representatives of the board and management of Nigerian Exchange Group (NGX) and key stakeholders from the capital market community paid condolence visits to the families of late Bamofin Abimbola Ogunbanjo and Dr. Herbert Wigwe. Led by Alhaji (Dr) Umaru Kwairanga, Group Chairman of NGX Group, the delegation […]
Inflation Report – January 2024
February 15, 2024/Coronation Research January Inflation inflation increased by +92bps (when compared with the previous month) to 28.92% y/y. On a month-on-month basis, headline inflation increased by +35bps to 2.64% compared with 2.29% recorded in the previous month. Food inflation (35.41%) recorded an increase of +148bps when compared with the previous […]
