OPINION/EDITORIAL

A Nation on Alert: Is FIRS’ Xpress Payments Move Consolidating a Revenue Cartel?

December 8, 2025 By Blaise Udunze Nigeria’s national mood is tense. The country is facing economic hardship, insecurity, public distrust in institutions, and an increasingly widening gap between citizens and their government. Yet, in the midst of this fragility, a quiet administrative action by the Federal Inland Revenue Service (FIRS) […]

Private-Sector Credit Falls 0.17% M/M in October 2025

December 8, 2025/CSL Report According to the latest data released by the Central Bank of Nigeria (CBN), total credit to the private sector declined by 0.17% month-on-month (m/m) to ₦56.9 trillion in October 2025, compared to ₦57.03 trillion in September. This represents a slight improvement from the previous month’s 1.98% […]

OPEC Retains Nigeria’s Crude Production at 1.5mbpd for 2026

December 5, 2025/CSL Research OPEC’s decision to maintain Nigeria’s crude-oil production quota at 1.5 million barrels per day (mbpd) through 2026 sends a clear signal of continuity in OPEC’s supply-management strategy. The maintained quota underscores OPEC’s ongoing commitment to stabilizing global oil markets amid persistent geopolitical uncertainties and fluctuating global […]