April 17, 2023/InvestmentOne Report Please click to download our March 2023 Inflation Update According to the latest CPI figures from the National Bureau of Statistics (NBS), inflation rose for the third consecutive month as it increased by 13bps to 22.04% y/y from the February reading of 21.91% y/y. The core […]
Updates
Coronation Fixed Income and Exchange Rate Update
April 17, 2023/Coronation Update Summary Opening market liquidity was reported at -N203.2m on Friday (14 April 23). Call, overnight, and repo rates closed within a range of 6% – 19% as system liquidity tightened on the back of outflows from NTB and OMO auctions. This week, we expect the money […]
IMF’s Sub-Saharan Africa Regional Economic Outlook: The Big Funding Squeeze
April 14, 2023/IMF Growth in sub-Saharan Africa (SSA) is expected to slow to 3.6 percent as a “big funding squeeze”, tied to the drying up of aid and access to private finance, hits the region. This is the second consecutive year of an aggregate decline in SSA growth. · If […]
