OPINION/EDITORIAL

MPC Lowers Benchmark Policy Rate by 50bps to 27.0%

September 24, 2025/CSL Research In line with our expectations, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) decided to ease the Monetary Policy Rate (MPR) by 50 basis points (bps) to 27.0%. MPC prioritises liquidity management and credit expansion with measures including a narrower asymmetric corridor, […]

Q2-25: GDP Records Robust Growth in Q2-25

September 24, 2025/Coronation Report Based on the recently released GDP report by the Nigerian Bureau of Statistics (NBS), the Nigerian economy grew by 4.23% y/y in Q2-25, surpassing the GDP growth recorded in the previous quarter (Q1-25: +3.13% y/y | Q2-24: +3.48% y/y). Analysing by sectors, the oil sector recorded […]

Q2 2025 GDP: Oil Rebound Offsets Tepid Growth in Non-Oil Sectors

September 24, 2025/Coronation Report Summary  The National Bureau of Statistics (NBS) has published Nigeria’s Gross Domestic Product (GDP) report for Q2 ‘25. Real GDP expanded by 4.23% year on year (y/y) in Q2 2025, up from 3.13% y/y in Q1 25. On a quarter-on-quarter (q/q) basis, real GDP increased by […]