December 19, 2025 By Blaise Udunze Nigeria’s refining crisis is one of the country’s most enduring economic contradictions. Africa’s largest crude oil producer, strategically located on the Atlantic coast and home to over 200 million people, has for decades depended on imported refined petroleum products. This illogicality has drained foreign […]
OPINION/EDITORIAL
Nigeria: Fiscal Outlook and Budget Credibility Risks
December 17, 2025/CSL Update This Day report indicates that Nigeria’s proposed 2026–2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) have come under renewed scrutiny following official confirmation of a significant revenue shortfall in 2024–2025. Speaking at a Senate Committee on Finance session in Abuja, Finance Minister Wale Edun acknowledged […]
Nigeria’s External Reserve Accretion Strategy: Current Position and a Path Ahead
December 16, 2025/Coronation Research Nigeria’s external reserves have historically exhibited cyclical movements, leaving the economy susceptible to both domestic and external shocks. Over time, the Central Bank of Nigeria (CBN) has implemented a range of reserve management and external sector stabilisation measures, including export-led interventions, mobilisation of foreign portfolio inflows, […]
