Real Estate to maintain strong growth despite rising cost of building materials- Rewane

June 7, 2022 Amaka Ifeakandu, Lagos 0

Managing Director Financial Derivative Company Ltd, Bismarck Rewane has said real estate sector will witness strong growth this year despite rising cost of building materials and fragile economic recovery. Rewane who made this statement while reviewing the performance of the nation economy in thigh cost of building materialshe month of May and outlook for the month of June at LBS Read More

Inflation to accelerate on cost pressures – Rewane

April 11, 2022 Blessing Anaro, Lagos 0

Ahead of the National Bureau of Statistics (NBS)release of its Consumer Price Index (CPI) report for March this week, Bismarck Rewane, Chief Operating Officer of Financial Derivatives Company (FDC) Limited says inflation will accelerate on the back of cost pressure. “Based on our time series analysis and survey of major markets in Lagos Metropolis, officialheadline inflation is projected to rise Read More

Russia/Ukraine war may reverse inflation gains – Rewane

March 11, 2022 Blessing Anaro 0

A survey of commodities prices in Lagos shows there might be a marginal decline in inflation figures in March to 15.57 per cent, warning that the spiral effect of the Ukraine and Russian war may result in imported inflation that will send inflation rate northwards. The National Bureau for Statistics (NBS) is scheduled to publish the headline inflation for February Read More

Headline inflation down but risks remain elevated, Rewane warns

February 18, 2022 Blessing Anaro 0

Chief Operating officer (COO) of Financial Derivatives Company (FDC) Bismarck Rewane, has warned that the fall in inflation rate in January, is nothing to celebrate about. Rewane said, it merely reflects the seasonal favours like harvest boom and post-Christmas blues saying explaining that core inflation, which is inflation-less season, actually increased while other sub-indices declined. “The data shows a marginal Read More

Rewane raises eye brows, as food inflation rises in harvest season

January 19, 2022 Blessing Anaro 0

That inflation rate spiked after eight months of successive decline is not a major issue, but that food inflation actually rose meaningfully in midst of a harvest season is a major concern to Bismarck Rewane, Chief Executive Officer (COO) of Financial DerivAtives Company (FDC) Limited and member of the Federal Economic Council (FEC). “Most of the sub-indices also increased especially Read More