Updates

Central Bank Poised to Ease the Benchmark Policy Rate

September 22, 2025/CSL Research The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) convenes today for a two-day meeting to decide on its fourth interest rate policy decision of the year, with the outcome expected by early Tuesday afternoon. We highlight that since the last MPC meeting […]

Dangote Refinery: Change Has Come to the Oil Sector, Nigerian Economy, Otedola Tells DAPPMAN

September 22, 2025/Dangote Group Nigeria’s billionaire businessman, Mr Femi Otedola, yesterday waded into the ongoing fuel supply disagreement between the Dangote Refinery and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), advising the association to innovate or perish. The philanthropist stressed that he had followed the debate around […]

Nigeria Records 4.2% Y/Y GDP Growth in Q2 2025

September 22, 2025/CSL Research The National Bureau of Statistics (NBS) has released the Q2 2025 Gross Domestic Product (GDP) report, showing that the Nigerian economy expanded by 4.2% year-on-year (y/y), up from 3.1% y/y in the previous quarter. On a sectoral basis, the oil sector posted a strong performance, surging […]