LATEST NEWS

January 17, 2022

Official Inflation to Decline Again in December 2021 to 14.9%

The December 2021 inflation report is likely to be released next week. Based on our econometric model, official headline inflation is expected to fall to 14.9% from 15.4% in November 2021. This will be the 9th consecutive monthly decline and the lowest inflation rate in 12 months.

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January 17, 2022

NAFEX Rate Appreciated by 0.85% WoW to N415.61

For the week-ended January 14, 2022, the average Nigerian Autonomous Foreign Exchange Fixing (NAFEX) rate was $/N415.61, compared to $/N419.16 recorded in the week-ended January 7, 2022, representing an appreciation of the Naira against the United States (US) Dollar by 0.85% ($/N3.55).

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January 17, 2022

Nigeria in 1min: Economic, Business and Financial Headlines - 170122

What to Expect from the Markets This Week - 170122

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January 16, 2022

Nigerian Cement Sector Outlook - The Competitive Landscape Maybe Tighter in 2022

We envisage another solid year for cement manufacturers, with private and public demand set to be major fulcrums. This prognosis on cement consumption is likely to reflect the knock-on effect of increased government spending and greater Public-Private Projects (PPPs) by institutions like RITC and INFRACO.

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