June 18, 2025/US Federal Reserve Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment […]
Updates
Dangote Refinery an Industrial Revolution, Liberating Nigeria – C’tee on Domestic Crude Oil Sales
June 19, 2025/Dangote Group The $20 billion Dangote Petroleum Refinery & Petrochemicals has been hailed as a symbol of industrial revolution, driving Nigeria’s economic emancipation. This commendation was made by the Technical Committee of the One-Stop Shop (OSS) for sale of crude and refined products in naira initiative during a […]
May-2025 Inflation Note: Key Inflation Insights and Outlook
June 17, 2025/Coronation Report In May 2025, the headline inflation rate further declined, settling at 22.97% y/y, compared to the 23.71% y/y recorded in April 2025. This represents a decrease of 0.74 percentage points, supported by the high base effect from 2024, relatively cheap PMS, and a comparatively stable Naira […]
