April 16, 2025/Coronation Research The NBS announced its March Inflation numbers: Headline rate: 24.23%y/y (23.18% y/y in February) Core rate: 24.4% y/y Food rate: 21.79%y/y Food inflation eased to 21.79%y/y compared to 23.51% as of February 2025, but on a month-by-month basis it rose by 2.18%. […]
Updates
Fitch Upgrades Sovereign Credit Rating on Rising Confidence in Policy Reforms; Current Account Surplus Rises to 9.2% of GDP in 2024
April 14, 2025/CSL Research Global credit rating agency Fitch has upgraded Nigeria’s long-term foreign currency issuer default rating from “B-” to “B” and revised the outlook from positive to stable. The upgrade reflects growing confidence in the government’s commitment to comprehensive policy reforms. Notable among these are the liberalisation of […]
Katsina State Government Sign Landmark US$500M Investment MoU
April 15, 2025/SKOT Communications R:L Malam Dikko Umaru Radda, Executive Governor, Katsina State and Chairman of Genesis Energy Holding “GENESIS”, Mr. Akin II Omoboriowo, at the landmark MOU signing in London for the development of major energy infrastructure projects across Katsina State. GENESIS Energy Holding, a UK-based leading Pan-African clean […]
