February 18, 2025/Cordros Update Based on the rebased CPI data by the NBS, Nigeria’s headline inflation settled at 24.48% y/y in January 2025. The updated CPI covers 934 product varieties classified into 13 divisions under the COICOP 2018 framework. Under the new methodology, 2023 was adopted as the weight reference […]
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NNPCL Imports Over 200 Million Litres of Petrol in February Despite Refinery Overhaul
February 18, 2025/Dangote Group A confidential report exclusively obtained by Nairametrics from a reliable source tracking the movements of motor tanker vessels, which monitors cargo tanks entering the country, revealed that the Nigeria National Petroleum Company Limited (NNPCL) has imported 159,000 metric tons of Premium Motor Spirit (also known as […]
Nigerian Breweries Struggles as Costs, Forex Woes Deepen Losses
…. More Headwinds Ahead, Analysts Warn February 18, 2025 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Breweries Plc (NB) has reported another challenging year, posting a full-year 2024 loss per share of N12.07, only a marginal improvement from the N12.80 loss per share recorded in 2023. Contrary to impressive news release issued by […]
