Performance Review of the Economic Recovery and Growth Plan
Performance Review of the Economic Recovery and Growth Plan The Economic Recovery and Growth Plan (ERGP) is a medium term planned for 2017 to 2020 developed to restore Nigeria’s economic growth while leveraging the resilience and ingenuity of the Nigerian... Read More →
WEEKLY MARKET UPDATE
Commodities The commodities under our radar closed in a mixed territory last week with the energy commodities recording weekly decline due to the fear of the second wave of COVID-19. The metal commodities such as Gold, Silver and Copper however... Read More →
Implications of Nigeria’s Consumption Expenditure Pattern
Implications of Nigeria’s Consumption Expenditure Pattern The latest consumption expenditure data from the NBS shows that Nigerians spent N40.21 trillion on food and non-food items in 2019, of which expenditure on food consumption outside of home was highest (11.43% of total... Read More →
Macroeconomic Update- Inflation
A Continuous Rise in Headline Inflation The April 2020 Consumer Price Index (CPI) report released by the NBS shows that Nigeria’s inflation rate increased by 8bps to 12.34% from 12.26% recorded in March. This is the eighth consecutive month of... Read More →
Q1 2020 Earnings Update- NB
Q1 2020 Earnings Update- NB Growth in Input Cost without Growth in Profit Nigerian Breweries Plc (NB) Q1’20 Results- NB recorded a Profit After TAX (PAT) of N5.51 billion, representing significant decline of 31.38% when compared with N8.03 billion recorded in... Read More →