January 9, 2025/BudgIT BudgIT, a leading civic-tech organisation promoting transparency, accountability, and effective service delivery in Nigeria, has observed certain legacy issues with the 2025 Federal Government Proposed Budget and calls on the National Assembly to proactively address the irregularities, exercise its “Powers of the Purse” responsibly, allow robust public […]
Updates
NBS GDP & Inflation Rebasing 2025
January 9, 2025/Cordros Report The Nigerian Economic Summit Group (NESG), in collaboration with the Nigerian Bureau of Statistics (NBS), held a sensitisation workshop on GDP and CPI Rebasing earlier today (9 January). The NBS proposed; GDP Changing the base year for Real GDP computation to 2019 from 2010 Coverage of more areas […]
Coronation Fixed Income and Exchange Rate Update
January 7, 2025/Coronation Research Summary System liquidity closed positive at N476.24bn (03 Jan ’25). Call, overnight and repo rates closed within a range of 7.63- 27.25%. Rates in the money market tightened as debits from the OMO auction and CRR outweighs Remita inflows driven by Government payments to contractors. We […]
