March 17, 2023/Fitch Ratings While the recent and sudden deterioration of several U.S. banks has been most impactful to the depositors, shareholders and lenders to these institutions, non-bank financial institutions, insurance companies and funds have experienced a variety of knock-on effects that, although not yet material from a rating perspective, […]
Updates
Growing Consumption Amidst Scarcity
March 17, 2023/CSL Research Based on a Punch report, the consumption of Premium Motor Spirit, popularly called petrol, has risen to about 80 million litres daily, pushing up subsidy on the commodity to an estimated N484bn monthly, going by latest figures from the Nigerian National Petroleum Company Limited. This is […]
Feb-2023 Inflation Note: Headline Inflation Decelerates m/m by 16bps
Image Credit: United Capital March 17, 2023/United Capital Please Click Here for our Full Report On 15 March 2023, the National Bureau of Statistics (NBS) released Nigeria’s Consumer Price Index (CPI) report for Feb-2023. According to the report, headline inflation increased by 9bps from Jan-2023’s print of 21.82% y/y to […]
