September 22, 2025/Cordros Update According to the National Bureau of Statistics (NBS), Nigeria’s economy expanded further in Q2-25, with real GDP growing by 4.23% y/y (Q1-25: +3.13% y/y). The growth outturn is 33bps higher than Cordros’ estimate (+3.90% y/y) . Based on the GDP breakdown provided, the oil sector grew […]
OPINION/EDITORIAL
FAAC: FG, States, and LGs Share ₦2.225 Trillion in August
September 19, 2025/CSL Research Nigeria’s fiscal landscape is showing signs of greater resilience as the Federation Account Allocation Committee (FAAC) disbursed ₦2.225 trillion to the three tiers of government in August 2025, following disbursements of ₦2.311 trillion, ₦2.642 trillion, ₦2.345 trillion, ₦2.411 trillion, ₦2.849 trillion, ₦2.943 trillion, and ₦2.001 trillion […]
Pre-MPC September 2025 MPC Likely to Pivot to Policy Easing
September 19, 2025/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is set to convene its next meeting on September 22nd and 23rd. Since the last MPC meeting, global monetary easing has gained momentum, largely reflecting rising downside risks to growth and employment activities, while […]
