January 3, 2025/CSL Research In 2024, Nigeria faced a significant liquidity crunch in its money market, posing substantial challenges for financial institutions, businesses, and the broader economy. According to the Central Bank of Nigeria’s (CBN) Q3 2024 Economic Report, this liquidity shortfall was driven by a combination of monetary tightening, […]

January 2, 2025/CSL Research The Central Bank of Nigeria (CBN) recently released its October 2024 Economic Report, which provides an overview of economic developments across the real, fiscal, financial, and external sectors of the Nigerian economy. In the fiscal space, provisional data for October 2024 revealed a decline in gross […]

December 31, 2024/CSL Research Industry data from the Nigerian Communications Commission (NCC) reveals a significant year-on-year (y/y) decline in active mobile subscriptions for October 2024. The total number of active subscriptions dropped by 64.59 million, or 29.07%, to 157.60 million in October, down from 222.19 million in October 2023. However, […]