December 1, 2025/FirstBank of Nigeria In line with the Nigerian Exchange Limited (NGX) Rulebook, we wish to inform NGX and the investing public that First HoldCo Plc has successfully completed the full divestment of its 100% ownership in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. This transaction has been […]
Author: InvestAdvocate
CBN Signals Possible Rate Cuts in 2026 as Inflation Moderates
December 1, 2025/CSL Report Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has signalled that policymakers may begin cutting interest rates next year, provided the current trajectory of easing inflation is sustained. Speaking at an annual banking forum on Friday, Cardoso indicated that the CBN is prepared to recalibrate its […]
Nigeria’s Real GDP Expands by 3.98% Y/Y in Q3-25
December 1, 2025/Cordros Update According to the National Bureau of Statistics (NBS), Nigeria’s economy grew by 3.98% y/y in Q3-25, down from 4.23% y/y in Q2-25. The growth outturn is 8bps higher than Cordros’ estimate (+3.90% y/y). Based on the GDP breakdown provided, the oil sector growth eased to 5.84% […]
