January 2, 2026/CSL Update The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released its November 2025 oil production report. Total oil production averaged 1.6mbpd in November, comprising 1.44mbpd of crude oil and 163,049bpd of condensates, representing a 6% year-on-year decline from 1.7mbpd recorded in November 2024. The y/y weakness was […]
Updates
FirstBank Hosts Nigeria Economic Outlook 2026, Leads Conversation on Economic Growth
January 2, 2026/FirstBank of Nigeria FirstBank, West Africa’s premier financial institution and financial inclusion service provider is pleased to announce the Nigeria Economic Outlook 2026 scheduled to hold on Tuesday, 6 January 2025. The theme of the session is “The Great Calibration: Mastering Resilience in an Era of Asynchronous Growth” […]
FPI Activity Declines Second Consecutive Month in November
December 31, 2025/CSL Update Foreign Portfolio Investment (FPI) activity on the Nigerian Exchange (NGX) declined by 13.1% to ₦162.04 billion (US$112.00 million) in November 2025, down from ₦186.62 billion (US$131.27 million) in October, marking the second consecutive monthly decline. Domestic investor activity also eased, falling by 4.4% to ₦809.14 billion […]
