December 16, 2025/Cordros Report Based on the CPI and inflation report released by the National Bureau of Statistics (NBS), Nigeria’s headline inflation fell for the eighth consecutive month. Specifically, headline inflation eased by 160bps to 14.45% y/y in November (October: 16.05% y/y) – 21bps higher than Cordros’ estimate of 14.24% y/y. Conversely, […]
Updates
GDP Up 3.98% in Q3 2025, But Below Our Forecast
December 16, 2025/United Capital Report Our Q4 GDP Growth Rate Now Revised to 4.59% Nigeria’s real Gross Domestic Product (GDP) grew by 3.98% in Q3 2025, slightly above the 3.86% recorded in the same period of 2024. Although this marks the strongest Q3 growth since 2021, it fell short of […]
BudgIT Calls for Holistic Budget Reform as FG Defers 70% of 2025 Capital Projects to 2026
December 15, 2025/BudgIT BudgIT, a leading civic-tech organisation promoting transparency and accountability in Nigeria’s public finance, has noted the Federal Government’s decision, through the Federal Ministry of Budget and Economic Planning, to defer the implementation of 70% of capital projects initially appropriated in the 2025 fiscal year to 2026. From […]

