OPINION/EDITORIAL

Fitch Upgrades Sovereign Credit Rating on Rising Confidence in Policy Reforms; Current Account Surplus Rises to 9.2% of GDP in 2024

April 14, 2025/CSL Research Global credit rating agency Fitch has upgraded Nigeria’s long-term foreign currency issuer default rating from “B-” to “B” and revised the outlook from positive to stable. The upgrade reflects growing confidence in the government’s commitment to comprehensive policy reforms. Notable among these are the liberalisation of […]

N4Tn Electricity Debt; GenCos Warn of Imminent Shutdown

April 16, 2025/CSL Research The Minister of Power has pledged to address the over ₦4 trillion electricity debt owed to power generation companies (GenCos), following warnings from the firms about a potential nationwide blackout due to worsening liquidity in the sector. According to the Minister’s Special Adviser, Bolaji Tunji, the […]

March 2025 Inflation Report – Headline Inflation Resumes Uptrend Amid Higher Energy Costs

April 16, 2025/InvestmentOne Update The recently released Consumer Price Index (CPI) data by the National Bureau of Statistics revealed an increase in inflationary pressures in the Nigerian economy. This represents the first uptrend since the CPI was rebased in January 2024 to reflect recent economic realities and changes in consumption […]