December 16, 2025/Coronation Research Nigeria’s external reserves have historically exhibited cyclical movements, leaving the economy susceptible to both domestic and external shocks. Over time, the Central Bank of Nigeria (CBN) has implemented a range of reserve management and external sector stabilisation measures, including export-led interventions, mobilisation of foreign portfolio inflows, […]

December 16, 2025/CSL Research According to the latest data from the Nigerian Communications Commission (NCC), active mobile subscriptions increased by 17.48 million year-on-year (+11.09%) to 175.08 million in October 2025, up from 157.60 million in October 2024. On a month-on-month basis, total subscriptions rose by 1.54 million (+0.89%), from 173.54 […]

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, […]