February 22, 2024/Cordros Update Recent data from the National Bureau of Statistics (NBS) revealed that the domestic economy maintained its growth pace for the third consecutive quarter in Q4-23, as the real GDP rose by 3.46% y/y (Q3-23: +2.54% y/y). The growth outturn is 72bps higher than Cordros’ estimate (+2.74% […]
Updates
Inflationary Pressure, Weaker Purchasing Power
February 22, 2024/Coronation Research Inflationary pressures continue to grip Nigeria’s economy. According to recent data released by the National Bureau of Statistics (NBS), headline inflation rose by +98 bps, reaching a staggering 29.9% y/y. This uptick was mirrored in the month-on-month figures, where headline inflation increased by +35 bps to […]
Diverse Export Opportunities for Food & Beverage Trade with Canada
February 22, 2024/USDA Foreign Agricultural Service International Agricultural Trade Report Jason Carver Link to report: Printer-friendly PDF Executive Summary The Canadian market offers opportunities for food and beverage producers to highlight important production attributes unique to their products. Consumers in Canada increasingly demand more transparency about the origin of food […]
