January 10, 2025/CSL Research The December 2024 edition of the OPEC Monthly Oil Market Report (MOMR) showed a eduction in OPEC’s oil output by 50,000 barrels per day (bpd) in December, bringing total production to 26.46 million bpd. This decline was mainly driven by reduced outputs from the United Arab […]
OPINION/EDITORIAL
NBS GDP & Inflation Rebasing 2025
January 9, 2025/Cordros Report The Nigerian Economic Summit Group (NESG), in collaboration with the Nigerian Bureau of Statistics (NBS), held a sensitisation workshop on GDP and CPI Rebasing earlier today (9 January). The NBS proposed; GDP Changing the base year for Real GDP computation to 2019 from 2010 Coverage of more areas […]
Private Sector Credit Hits ₦58.57 Trillion in September 2024
January 9, 2025/CSL Research The Central Bank of Nigeria (CBN) recently released its Quarterly Statistical Bulletin for Q3 2024 comprising of aggregated data across financial statistics, government finance, real sector, and the external sector. The Deposit Money Banks’ sectoral distribution of credit shows that total private sector credit as of […]
