February 17, 2026/Cordros Report The National Bureau of Statistics reported a moderation in headline inflation to 15.10% y/y in January (December: 15.15% y/y), contrary to general expectations of a sharp increase (Bloomberg median estimate: 19.50% y/y; Cordros estimate: 18.95% y/y), which had been linked to technical adjustments in the revised […]
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CBN’s Business Expectation Survey
February 17, 2026/CSL Update The Central Bank of Nigeria (CBN) has released its Business Expectations Survey (BES) for January 2026, providing insights into business sentiment across the Industry, Services, and Agriculture sectors. The findings indicate that optimism about Nigeria’s macroeconomic outlook remains strong. The composite Business Confidence Index rose to […]
anuary M/M Headline Slips into Deflationary Territory Amid Easing Food Pressures
February 17, 2026/Coronation Merchant Bank Economic Research Summary Headline inflation for January inched down by 5bps to 15.10% y/y from 15.15% y/y in December 2025, extending the disinflation trend observed in 2025. On a month-on-month basis, consumer prices contracted by 2.88% from 0.54% in prior month indicating a decline in […]
