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BusinessNews

Analysts react to latest MPR hike by CBN

…says hike in subsequent MPC meeting not unlikely Chioma Obinagwam Analysts at Cordros Research, the research arm of Cordros Capital, have reacted to...

BusinessNews

Nigeria’s Money market to witness liquidity surge amid FAAC allocation

By Chioma Obinagwam Activities in the money market of Africa’s largest economy, Nigeria, is expected to witness a leap in the coming week....

BusinessNews

‘Nigeria’s forex woes will linger beyond short term…’ Analysts forecast

By Chioma Obinagwam Nigeria’s Forex (FX) liquidity issues is expected to last beyond the short term.   Confiance News gathered from the weekly...

BusinessNews

Nestle’s strong revenue growth boosts profits in 2022 FY

By Chioma Obinagwam Food and beverage gaint, Nestlé Nigeria Plc, has announced a 27 percent revenue growth in her 2022 financial results. Confiance...

BusinessNews

‘Higher prices to sustain Dangote Cement’s topline growth,’ Analyst reacts to 2022 FY results

By Chioma Obinagwam Analysts at Cordros Research, the research arm of Cordros Capital- a leading financial services group in African markets with a...

BusinessNews

Nigeria’s headline inflation eases by 21.47% after 12 months slowdown

By Chioma Obinagwam Nigeria’s headline inflation declined by 21.34% year on year (y/y) in December 2022, which is the first time it tilted...

BusinessNews

Analysts’ economic forecast, recommendation for year 2023

By Cordros  Research The domestic macroeconomic narrative did not change much in 2022, given the government’s lack of will to institute the necessary...

BusinessNews

How Food inflation reversed 8 months moderation in Nigeria’s Headline inflation

By Chioma Obinagwam The Food Inflation has been blamed for the rise in Nigeria’s headline inflation which expanded by 23 basis points (bps)...

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Again Ikeja Electric customers experience frustration in recharging energy tokens

By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...

In four photos, NCC reacts to Executive Order on Critical National Information Infrastructure

By Chioma Obinagwam The infrastructure of the Nigerian Communications Commission (NCC) has now been classified as Critical National Information Infrastructure (CNII). Confiance News...

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