June 17, 2025/CSL Research According to the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) recently released Oil Production Status Report for May 2025, Nigeria’s crude oil production—including condensates—averaged 1.66 million barrels per day (mbpd), representing a 1.54% month-on-month decline from the 1.68 mbpd recorded in April. Excluding condensates, production fell by […]
Author: InvestAdvocate
Nigeria May 2025 CPI: Headline Inflation Could Moderate Further in June
June 17, 2025/Cordros Report According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation moderated by 74bps to 22.97% y/y in May (April: 24.23% y/y). Breaking it down, food inflation eased by 12bps to 21.14% y/y (April: 21.26% y/y), while core inflation fell sharply by 110bps to 22.28% y/y […]
May-2025 Inflation Note: Key Inflation Insights and Outlook
June 17, 2025/Coronation Report In May 2025, the headline inflation rate further declined, settling at 22.97% y/y, compared to the 23.71% y/y recorded in April 2025. This represents a decrease of 0.74 percentage points, supported by the high base effect from 2024, relatively cheap PMS, and a comparatively stable Naira […]
