August 6, 2024/CSL Research In the first half of 2024, the Nigerian cement industry experienced significant topline growth, with total revenue of all the listed players in the sector rising significantly by 76.67% y/y to N2.42 trillion, compared to N1.37 trillion in the same period in 2023. This robust increase […]

August 5, 2024/CSL Research The Nigerian private sector contracted due to elevated inflationary pressures that dampened demand, leading to declining business activity and new orders in July 2024. The Stanbic IBTC Bank Nigeria PMI recorded a headline index of 49.2 in July 2024 from 50.1 recorded in June 2024 indicating […]

August 2, 2024/FBNQuest Research According to data from the Central Bank of Nigeria (CBN), the total currency in circulation (CIC) increased to an all-time high of N4.1trn, marking a 56% year-on-year (YoY) increase compared with N2.6trn in July 2023. The CBN’s data also reveals that 94% (N3.8trn) of the currency […]