Updates

November 2025 in Retrospect

December 2, 2025/CSL Report The equities market retraced a portion of the gains recorded in preceding months during November, as investor sentiment weakened and episodes of panic-selling became more obvious. This deterioration was largely attributable to uncertainties around the interpretation and forthcoming implementation of the new Capital Gains Tax (CGT) […]

Holiday Spending 2025: Tech and Trust Driving Black Friday, Cyber Monday Growth

New habits and smart security are shaping the busiest retail season yet December 2, 2025/Mastercard Vicki Hyman,Director, Global Communications, Mastercard Christmas decorations in October? Check. Black Friday deals that last all week long? Check. Record-breaking retail sales? Check.  But in other ways, this year’s holiday shopping season looks and feels […]

Nigeria’s Real GDP Expands by 3.98% Y/Y in Q3-25

December 1, 2025/Cordros Update According to the National Bureau of Statistics (NBS), Nigeria’s economy grew by 3.98% y/y in Q3-25, down from 4.23% y/y in Q2-25. The growth outturn is 8bps higher than Cordros’ estimate (+3.90% y/y).   Based on the GDP breakdown provided, the oil sector growth eased to 5.84% […]