Latest Corporate and Economic Reports
Get the facts that matter the most to you!
Nigeria's Consumer Price Index (CPI) which measures inflation, increased by 14.23% (year-on-year) in October 2020. This is 0.52% points higher than the rate recorded in September 2020 (13.71%). Core inflation increased from 10.58% to 11.14% while food inflation increased to 17.38% from 16.66%.Read More
Nigeria’s Monetary Policy Rate (MPR) stood at 11.5% as at October 2020. The MPR was pegged at 14% for over 31 months from July 2016 before it was recently revised by the Committee to 13.5% in March 2019 and further revised downwards in May 2020.
The MPR is the rate at which the Central Bank of Nigeria lends to the deposit money banksRead More
On a quarterly basis, Nigeria's GDP dipped at -3.62% in real terms in the third quarter of 2020. Comparing this to the corresponding quarter of 2019 which recorded a growth rate of 2.28%, this indicates a decrease of -5.99% points and -2.48% points decrease compared to the growth rate of -6.1% recorded in Q2, 2020.
Nairametrics Exclusive Research!