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Macroeconomic Review Sustained Growth in the Nigerian Economy, with Q4 2021 GDP at 3.98% year-on-year The Nigerian economy sustained its positive growth trajectory for the fifth consecutive quarter since the…
Macroeconomic Review Nigeria’s Consumer Price Index… Festivities Drive Increase in Price Levels In December, the Consumer Price Index (CPI) expanded 15.63% Y-o-Y, a 0.23% increase from 15.40% recorded in November…
Macroeconomic Review Sustained Growth in the Nigerian Economy, with Q3 2021 GDP at 4.03% year-on-year Nigeria sustained its growth trajectory for the fourth consecutive quarter, as the economy recorded a…
Macroeconomic Review Global Crude Oil Prices Soar on Energy Supply Concerns and OPEC+ Decision International benchmark Brent crude prices soared through October, just as industries began to recover fully from…
Macroeconomic Review Foreign Reserve rise to 18-Month High Nigeria’s foreign reserves rose to its highest in 19 months, growing by ca US$2.58bn in September to US$36.60bn. The expansion can closely…
Macroeconomic Review: Nigeria’s GDP expands 5.01% Y-o-Y in Q2:2021… Highest Rate since 2014 Nigeria’s Real gross domestic product (GDP) increased by 5.01% in Q2:2021, reflecting the third consecutive quarter of…
Macroeconomic Review: External Reserves Rise as Oil Prices Remain on the Uptrend Global crude oil prices maintained an upward trajectory in July, with Brent crude gaining ca +1.60% M-o-M to…
Headline Consumer Price Index (CPI) figures for May settled at 17.93% Y-o-Y vs 18.12% recorded in April 2021. The reduction in headline inflation was largely due to...
