Business Times Nigeria Weekly

Onome

Your weekly briefing on the Nigerian economy. Let's untangle the numbers and how they affect your pocket. 

Episodes

  1. Understanding inflation/Insurance recapitalization NGX All Share Index at 200k: The drivers

    Mar 20

    Understanding inflation/Insurance recapitalization NGX All Share Index at 200k: The drivers

    In this week's episode, host Onome Ohwovoriole sits down with financial analyst  Olufayo Julius to break down the key economic stories shaping Nigeria's business landscape. What We Cover: Inflation Explained – February's numbers showed a slight deceleration to 15.06%, but what does that really mean? Ulufaio walks through the fundamentals—CPI baskets, demand-pull vs. cost-push inflation, and why food dominates Nigeria's inflation story. Plus, understanding the critical difference between headline, core, and food inflation. Fuel Price Shock Incoming – With petrol and diesel prices climbing, we map out when and how this will hit your pocket—from transport costs within days to food prices over the coming weeks. Insurance Sector Heats Up – The July 2026 recapitalization deadline is approaching fast. We discuss the 5X capital requirements, which companies are well-positioned (Linkage Assurance, Guinea Insurance), and why mergers & acquisitions are inevitable. NGX Breaks 200,000 – A historic milestone! The All Share Index closed at 201,475 with a 29.47% YTD return—nearly double the inflation rate. We explore the drivers (bank recapitalization, pension fund inflows, NARA stability) and the risks ahead. Key Takeaways: Inflation is decelerating, not dropping—prices are still rising, just more slowlyFood accounts for 40-50% of CPI and remains the major inflation driverCore inflation (15.88%) tells the real story—higher than headlineInsurance consolidation is coming; expect M&A activityNGX at 200K is real but fragile—watch CBN's next move on MPR

    37 min

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Your weekly briefing on the Nigerian economy. Let's untangle the numbers and how they affect your pocket.