01/12/2024
More multinationals may exit Nigeria in 2024
The report read in part, “In 2024, we expect companies to continue to re-imagine their operational strategies to achieve cost efficiency.
01/12/2024
The report read in part, “In 2024, we expect companies to continue to re-imagine their operational strategies to achieve cost efficiency.
01/11/2024
The higher inflation reading was mainly driven by elevated food inflation, which increased by 132bps to 32.84% y/y.
01/11/2024
Underscoring the m/m rise in fx inflow was an increase of 17% q/q in fx revenues from autonomous sources to USD3.3bn.
01/09/2024
It noted that efforts to increase “in-country oil refining capacity would likely reduce domestic fuel costs in 2024 and beyond.”
01/04/2024
The report also noted that many South Africans are likely to continue renting instead of buying amid the cost of living crisis.
01/03/2024
Thirty-five percent of respondents indicated savings and investments as one of their top priorities - the third highest, highlighting a resilient savings behavior despite economic pressures.
01/02/2024
“Bank customers are therefore advised to proceed with their banking transactions as usual, as there is no cause for concern.”
01/02/2024
Business expectations for the coming year [2024] were subdued and dropped slightly to a four-month low.
12/28/2023
A weaker Kenyan shilling has escalated imported inflation by driving up the cost of imported goods and services, including petroleum products.
12/28/2023
Businesses blamed what has been a tough year on high input costs, taxation, a weakened local currency and scarce dollars.
12/22/2023
The unemployment rate for Q2 2023 was 4.2 per cent
12/21/2023
This is evident in the Sh113 billion increase in bad loans in the one year to September this year to Sh617 billion, largely blamed on the manufacturing and trade sectors.
12/19/2023
A recent survey conducted by Enhancing Financial Innovation and Access (EFInA) on Access to Financial Services in Nigeria (A2F) in 2023 revealed a notable increase in mobile phone usage.
12/19/2023
Despite the increase in revenue collection on a m/m and y//y basis
12/19/2023
Nigeria’s inflation rate has risen steadily for the past 24 months.
12/18/2023
Moreover, the total number of liquidations decreased by 13.3% % in November 2023 compared with November 2022.
12/15/2023
The producer price index (PPI) dropped by 0,6% month-on-month in November 2023.
12/14/2023
Despite November's increase, SACCI said in a statement that lingering economic challenges continued to drag on sentiment
12/14/2023
South Africa’s National Treasury has forecast gross domestic product will grow by 1% next year.
12/13/2023
The results from the S&P Global Steel Users PMI Survey for October pointed to an overall deterioration in operating conditions, and to the greatest extent since November 2022”.