December 16, 2024/FirstBank of Nigeria By Bolaji Israel December marks a special time in Nigeria, a moment when people take a break from their hectic year to unwind, celebrate, and create lasting memories with loved ones. The month is filled with vibrant arts and entertainment, including plays, musical concerts, festivals, operas, […]

December 16, 2024/Cordros Report Nigeria’s headline inflation increased by 72bps to 34.60% y/y in November (October: 33.88% y/y). The outturn aligns with Cordros’ estimate (34.60% y/y) and 30bps higher than Bloomberg’s median consensus estimate (34.30% y/y). On a month-on-month basis, headline inflation was steady at 2.64% (October: 2.64% m/m). Food […]