December 12, 2024/Cordros Report In 2024, Nigeria’s macroeconomic environment witnessed significant changes as policymakers sustained market reforms in the monetary, FX, and fiscal space. In Q1-24, the naira was again devalued to align with the parallel market rate, reaching a record low (NGN1,851.00/USD) before stabilising within the range of USD1,500.00/USD […]
OPINION/EDITORIAL
Metering Remains a Hurdle
December 11, 2024/CSL Research According to a Business Day report, the Federal Government of Nigeria is set to commence the distribution of electricity meters to customers in the first quarter (Q1) of 2025 under the Presidential Metering Initiative (PMI). This initiative aims to address the metering gap and eliminate estimated […]
2025 Outlook Reform to Recovery: Navigating the Rebound
December 11, 2024/Cordros Report The global economy demonstrated remarkable resilience despite facing significant challenges. This resilience was primarily driven by robust consumer spending and the reduction in supply chain disruptions, which mitigated the initial threat of a global recession. However, the growth momentum was moderated by prolonged monetary policy tightening […]
