Updates

FGN Fiscal Deficit Narrowed in Q4 2024

April 3, 2025/CSL Research The Central Bank of Nigeria (CBN) recently released its Economic Report for the fourth quarter of 2024, providing an overview of key developments in the real, fiscal, financial, and external sectors of the Nigerian economy. In the fiscal sector, provisional data for Q4 2024 showed an […]

Coronation Fixed Income and Exchange Rate Update

April 3, 2025/Coronation Research Summary Last week, system liquidity closed positive at N969.77bn (28th March, ’25) from -N1.96trn in the previous week, reflecting increased market liquidity. Consequently, the Open Repo Rate (OPR) decreased by 590bps to 26.50%, while the Overnight Rate (O/N) also decreased by 594bps to 26.96%. We expect […]

Seplat Energy Joins Extractive Industries Transparency Initiative as Supporting Company

April 3, 2025/Seplat Energy Plc Nigeria’s leading indigenous energy company, Seplat Energy Plc, in 2024, became a registered EITI Supporting Company, reinforcing the Company’s commitment to transparency, accountability, and global best practices. This milestone was recognized on the EITI website and across its communications platforms. As an EITI Supporting Company, […]