The total investment of R900 million will support universal and affordable broadband access in the Eastern Cape Fibre Project November 15, 2023/Liquid Intelligent Technologies Liquid Intelligent Technologies, a business of Cassava Technologies, a pan-African technology group, will receive R450 million in funding from the International Finance Corporation (IFC) and Rand […]
Updates
Inflation Report – October 2023
November 15, 2023/Coronation Research The NBS has released its October inflation report to show – Headline rate 27.33% y/y (26.72% September); Core rate 22.58% y/y (21.84%); and Food rate 31.54% y/y (30.64%). October headline inflation increased by +61bps (when compared with the previous month) to 27.33% y/y. On a month-on-month basis, headline inflation […]
Nigeria October 2023 CPI: Headline Inflation Appears to be Reaching its Peak
November 15, 2023/Cordros Report The National Bureau of Statistics (NBS) revealed that pressures on domestic prices intensified in October, as the lingering challenges stoking prices remained intact amid the impact of the low base effects from the prior year. Accordingly, consumer prices are at their highest level since August 2005 […]
