March 18, 2024/Cordros Report In this note, we update our views on MTNN for 2024E following the publication of its 2023FY financials. As we noted in our last update (see our MTNN 9M-23 Earnings Update here), the steep foreign exchange devaluation in 2023 ensured a decline in MTNN’s EBITDA margin […]
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Nigeria’s Headline Inflation Increase to 31.70% in February 2024
March 15, 2024/NBS All Items Index In February 2024, the headline inflation rate increased to 31.70% relative to the January 2024 headline inflation rate which was 29.90%. Looking at the movement, the February 2024 headline inflation rate showed an increase of 1.80% points when compared to the January 2024 headline […]
Nigeria’s Inflation Records Notable Uptick +31.70% in February 2024
March 15, 2024/Futureview Research Headline Inflation In February 2024, there was a notable uptick in the headline inflation rate, reaching 31.70%, which represents a 1.80% increase compared to the January 2024 figure of 29.90%. Year-on-year, the headline inflation rate in February 2024 was 9.79% higher than the rate observed in […]
