Updates

TotalEnergies Reiterates Long-Term Commitment to Nigeria and Supports the Country in Reducing Methane Emissions

December 18, 2023/Caritas Communications Patrick Pouyanné, Chairman and CEO of TotalEnergies, met today in Abuja with Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, to reaffirm the long-term partnership between TotalEnergies and Nigeria. Over the past decade, TotalEnergies has been the largest private energy investor in the country, […]

Coronation Fixed Income and Exchange Rate (CFEX) Update

December 18, 2023/Coronation Research Summary Opening market liquidity was reported at N208.5bn on Friday (15 December ‘23). Call, overnight, and repo rates closed within a range of 9% – 24% as rates in the money market tightened. Our expectation in the current week is that money market rates moderate as […]

Nigeria’s Inflation Soars 28.20% Year-on-Year in November 2023, Food Inflation Up +32.84%

December 15, 2023/NBS All Items Index In November 2023, the headline inflation rate increased to 28.20% relative to October 2023 headline inflation rate which was 27.33%. Looking at the movement, the November 2023 headline inflation rate showed an increase of 0.87% points when compared to October 2023 headline inflation rate.  […]