March 18, 2025/CSL Research The latest rebased Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS) showed that headline inflation slowed for the second consecutive month, easing to 23.2% year-on-year (y/y) in February, down from 24.5% in January. Likewise, food inflation, now accounting for c.40% of the […]
Author: InvestAdvocate
FX Losses and Cost Pressures Weigh on Telcos’ Profitability
March 18, 2025/CSL Research In 2024, Nigeria’s telecommunications sector saw mixed performances among its listed companies. MTN Nigeria sustained its revenue growth momentum, recording a 36.0% year-on-year (y/y) increase to ₦3.36 trillion, up from ₦2.47 trillion in FY 2023. In contrast, Airtel Africa eported a 5.8% y/y revenue decline in […]
BudgIT, Order Paper Express Concern Over Weakening Separation of Powers
—-Launches Advocacy Campaign for Institutional Accountability March 18, 2025/BudgIT BudgIT, a leading civic-tech organisation advocating for transparency and accountability in Nigeria’s public finance and OrderPaper, Nigeria’s foremost independent parliamentary monitoring organisation and policy think tank, have expressed deep concern over the weakening of Nigeria’s separation of powers as executive overreach, […]
