February 27, 2026/Cordros Update According to the National Bureau of Statistics (NBS), Nigeria’s economy grew by 4.07% y/y in Q4-25, up from 3.98% y/y in Q3-25. The growth outturn is 15bps higher than Cordros’ estimate (+3.92% y/y). Based on the GDP breakdown provided, the oil sector growth rose to 6.79% […]
Updates
Dangote Cement, Sinoma Sign $1Bn Strategic Agreements for cement Projects Across Africa
February 27, 2026/Dangote Group Dangote Cement Plc (DCP), a subsidiary of Dangote Industries Limited, at the weekend in Lagos signed a landmark agreement with Sinoma International Engineering for the construction of 12 new projects and expansion of others across Africa. The landmark agreement, with an estimated investment of over $1 […]
Nigeria Records 4.1% Y/Y GDP Growth in Q4 2025
February 27, 2026/CSL Update The National Bureau of Statistics (NBS) has released the Q4 2025 Gross Domestic Product (GDP) report, showing that the Nigerian economy expanded by 4.1% year-on-year (y/y), up from 4.0% y/y in the previous quarter. On a sectoral basis, the oil sector growth grew by 6.8% y/y […]
