August 18, 2025/CSL Research In line with our expectations of a sustained disinflationary trend, the latest data from the National Bureau of Statistics (NBS) showed that Nigeria’s headline inflation fell for the fourth consecutive month, easing to 21.9% year-on-year (y/y) in July (CSL Forecast: 21.5%), compared to 22.2% y/y recorded […]
Updates
Authorities Advance Plan to Raise ₦4 Trillion for GenCos Debt Clearance
August 18, 2025/CSL Report Minister of Finance, Wale Edun, disclosed last week that a proposal has been submitted to the Federal Executive Council (FEC) seeking approval for a plan to clear the Federal Government’s ₦4 trillion debt (c.1% of GDP) owed to power generation companies (GenCos). This follows President Tinubu’s […]
Nigerian Stocks Close Week Lower -0.8% on Losses in Blue Chips
The NGX ASI closed the week 0.8% lower w/w, weighed down by losses in MTNN (-3.3%), WAPCO (-5.2%), ZENITHBANK (-3.0%), GTCO (-2.3%) and OANDO (-6.9%). Consequently, the MTD and YTD returns moderated to +3.4% and +40.5%, respectively. August 15, 2025/Cordros Report Global According to the Bureau of Labor Statistics (BLS), […]
