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WEEK AHEAD: What does the second quarter hold?

SECOND QUARTER (Q2) 2021 OUTLOOK Going into the second quarter, fundamentals appear to point towards rate increases. Inflation will likely accelerate towards 18-19% as the lean season drives food prices higher with additional support from a mix of higher energy costs (following hikes in fuel and electricity prices) and pass-through from Naira weakness. Granted, economic…

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