Updates

Coronation Fixed Income and Exchange Rate Update

February 26, 2025/Coronation Report Summary Last week, system liquidity closed negative at -N722bn (21st February ’25), from -N3.10trn in the previous week. Therefore, the Open Repo Rate (OPR) declined by 12bps to 32.33%, while the Overnight Rate (O/N) edged higher by 3pbs w/w to close at 32.83%. In the secondary fixed-income […]

Fastest Economic Growth Since 2021; Economy Grows by 3.40% FY-2024

February 26, 2025/United Capital Report Yesterday, the National Bureau of Statistics (NBS) published its FY/Q4-2024 GDP report. According to the report, Q4-2024 GDP expanded by 3.84% y/y, representing the 17th consecutive quarterly y/y growth, firmly putting recession fears aside. It is also Nigeria’s highest GDP growth rate since Q4-2021 when […]

Q4:2024 GDP Report— Sustained Growth Amid Economic Reforms

February 26, 2025/InvestmentOne Report Please click to download our Q4:2024 GDP Update Nigeria’s economy expanded at 3.84% YoY during Q4:2024, reaching its highest quarterly growth rate in three years. This performance    exceeded the 3.46% seen in Q3:2024 and showed improvement from the same quarter in 2023. Across the full year, […]