April 16, 2025/Dangote Group Dangote Petroleum Refinery is pleased to announce a reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, from N865 to N835, effective from Wednesday, 16th April 2025. This marks the second price reduction within a week. High-quality Dangote petrol will […]
Updates
Headline Rate: 24.23% Year-on-Year Up from 23.2% in February
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%. […]
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 […]
