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 […]
Updates
Inflation Falls to 14.5% in November
December 16, 2025/CSL Update As anticipated, headline inflation eased to 14.5% year-on-year (y/y) in November from 16.1% y/y in October, marking the eight consecutive monthly decline. On a month-on-month (m/m) basis, inflation inched up by about 29 basis points (bps) to 1.2%, largely driven by food inflation. The m/m uptick […]
NTB Primary Market Auction Expectations for 17 December 2025
December 16, 2025/Cordros Update At tomorrow’s NTB primary market auction, the DMO is scheduled to offer a total of NGN700.00 billion across the three maturities: NGN100.00 billion for the 91-Day tenor, NGN100.00 billion for the 182-Day tenor, and NGN500.00 billion for the 364-Day tenor. Please see our expectations below:
