Updates

ICIEC, Credendo Sign MoU to Expand Risk‑Sharing Capacity for Trade Transactions of Multinational in OIC Markets

Image Credit: ICIEC The MoU establishes a framework to enhance cooperation in credit insurance and reinsurance by developing new risk‑sharing schemes that enable larger trade transactions for multinational corporations operating in ICIEC Member States May 19, 2025/ICIEC The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), […]

BudgIT Uncovers 11,122 Projects Insertions Worth N6.93 Trillion by National Assembly in 2025 FG Budget

May 19, 2025/BudgIT BudgIT, a prominent civic tech organisation promoting transparency and accountability in Nigeria’s public finance, has uncovered 11,122 projects valued at N6.93 trillion inserted by the National Assembly into the 2025 Federal Government Budget. What began as isolated irregularities has, over the years, evolved into a deeply entrenched […]

Nigeria April 2025: CPI Inflation to Increase in the Near Term

May 16, 2025/Cordros Report According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation moderated by 52bps to 23.71% y/y (March: 24.23% y/y). A breakdown of the data shows food inflation easing by 53bps to 21.26% y/y, while core inflation fell by 105bps to 23.39% y/y. On a month-on-month […]