January 12, 2026/United Capital Report Bottomline: United Capital Research forecasts that Nigeria’s headline inflation rate will decline further to 15.48% in November 2025 from 16.05% in October 2025. The expected moderation is driven by a slight reduction in the prices of selected food items and Premium Motor Spirit (PMS). Although […]
OPINION/EDITORIAL
2026 Outlook – Sustaining Reform Momentum Amid Social Strain and Political Transition
January 12, 2026/CSL Report Nigeria enters 2026 with macroeconomic conditions gradually stabilising, even as deep structural, social, and political challenges persist. Economic growth is expected to strengthen to around 4.2%, driven primarily by resilience in the non‑oil sector, particularly services, ICT, trade, and agriculture. A more stable exchange rate, easing […]
Distribution Constraints Continue to Cap Energy Offtake
January 9, 2026/CSL Update According to the Nigerian Electricity Regulatory Commission (NERC) Q3 2025 report, average energy offtake, defined as the volume of electricity distributed to end-users, declined by 7.1% quarter-on-quarter (q/q) to 3,328.33 MWh/h, from 3,582.6 MWh/h recorded in Q2 2025. This outcome reflects weaker-than-expected utilisation of the Partially […]

