Updates

Inflation Moderates After Methodological Change

January 19, 2026/CSL Update Revised Consumer Price Index (CPI) framework pushes inflation lower in December 2025. The National Bureau of Statistics (NBS) and the Nigerian Economic Summit Group (NESG) convened a stakeholder engagement last week during which authorities outlined planned adjustments to the CPI methodology to better align with international […]

Dangote Outlines New Strategy to Drive Africa’s Economic Expansion and Industrial Development

January 19, 2026/Dangote Group Dangote Industries Limited (DIL) has announced an ambitious Vision 2030 strategy aimed at fast‑tracking Africa’s industrialisation, strengthening economic self‑sufficiency, and empowering the continent’s next generation.  President of the Group, Aliko Dangote, reaffirmed that the company’s long‑term direction is focused on building Africa’s capacity to feed itself, […]

AEDC Reconnects FCT Water Board, Restoring Water Supply, Gives Reason for Disconnectio

January 17, 2026/Our Reporter The Abuja Electricity Distribution Plc. (AEDC) acknowledges the concerns and spirited appeals from residents of the Federal Capital Territory following the disruption to water supply arising from the recent disconnection of electricity to the FCT Water Board over unpaid electricity bill. AEDC wishes to clarify that […]