March 16, 2026/Cordros Update Nigeria’s headline inflation slowed by 4bps to 15.06% y/y in February (January: 15.10% y/y). More notably, on a month-on-month basis, consumer prices rose by 2.01%, marking a sharp rebound from the 2.88% contraction recorded in January. Elsewhere, food inflation edged higher by 323bps to 12.12% y/y in […]

Dangote Industries Limited (DIL) and GCL Group, China’s leading private energy conglomerate, have formalized a landmark US$4.2 billion, 25‑year natural gas supply agreement to power Dangote Group’s major expansion projects in Ethiopia. The agreement, signed in Lagos, reinforces one of the most significant China–Africa industrial partnerships to date. Under the […]

March 16, 2026/CSL Report Data from the National Bureau of Statistics (NBS) showed that Nigeria’s headline inflation moderated by 4 basis points (bps) to 15.1% year-on-year (y/y) in February. However, there was a noticeable uptick in month-on-month (m/m) inflation, as price advanced by 2.0% m/m, compared to the contraction of […]