January 16, 2025/CSL Research Nigeria’s Socio-Economic and Political Environment Nigerians faced significant hardships in 2024 due to a confluence of economic, political, and social challenges. High inflation and a depreciating currency eroded purchasing power, placing a heavy burden on households. Rising fuel and energy prices further strained household budgets. The […]
OPINION/EDITORIAL
Nigeria December 2024 CPI: Headline Inflation Set to Moderate in the Near Term
January 15, 2025/Cordros Report According to the recently released data by the National Bureau of Statistics (NBS), headline inflation rose for the fourth consecutive month, rising by 20bps to 34.80% y/y in December (November: 34.60% y/y), settling below our estimate of 34.91% y/y. Breaking it further down, core prices (+53bps […]
CSL Research 2025 Outlook – Economic Prospects Inspire Cautious Optimism
January 15, 2025/CSL Research Yesterday, we released our macroeconomic outlook for 2025 (refer to CSL Research 2025 Outlook – Economic Prospects Inspire Cautious Optimism, 14 January 2025). The economy is projected to grow by 3.90%, driven by a significant 9.63% expansion in the oil sector and a 3.56% growth in […]
