May 15, 2024/Cordros Report According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation rose by 49bps to 33.69% y/y in April (March: +33.20% y/y), marking the slowest y/y increase since June 2023 (+38bps). The inflation print was 129bps and 51bps lower than Cordros’ estimate (34.98% y/y) and Bloomberg’s median […]
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Nigeria’s Headline CPI Climbs to 33.69% Y/Y
May 15, 2024/United Capital Update Headline Inflation Printed at 33.69% y/y in April 2024 The April 2024 Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) revealed that headline inflation printed at 33.69% y/y compared to its 33.20% y/y print in Mar-2024. This indicates a 49bps […]
Zimbabwe: AfDB’s $15 Million Trade Finance Package for First Capital Bank to Support SMEs, Local Enterprises
The line of credit will provide the much-needed hard currency financing to support FCB to close its trade finance gap and expand its trade finance support for SMEs and local corporates in Zimbabwe, a transition country May 15, 2024/AfDB The Board of Directors of the African Development Bank Group has […]
