The continent also continues to grapple with geopolitical tensions, structural weaknesses, climate-related disasters, and prolonged conflicts in regions such as the Sahel and the Horn of Africa February 18, 2025/AfDB Growth rates above 5 percent expected in close to half of the continent’s countries in 2025; 12 of world’s 20 […]
Updates
CPI Rebasing: Headline Inflation Settles at 24.48% Y/Y in January 2025
February 18, 2025/Cordros Update Based on the rebased CPI data by the NBS, Nigeria’s headline inflation settled at 24.48% y/y in January 2025. The updated CPI covers 934 product varieties classified into 13 divisions under the COICOP 2018 framework. Under the new methodology, 2023 was adopted as the weight reference […]
NNPCL Imports Over 200 Million Litres of Petrol in February Despite Refinery Overhaul
February 18, 2025/Dangote Group A confidential report exclusively obtained by Nairametrics from a reliable source tracking the movements of motor tanker vessels, which monitors cargo tanks entering the country, revealed that the Nigeria National Petroleum Company Limited (NNPCL) has imported 159,000 metric tons of Premium Motor Spirit (also known as […]
