December 4, 2025/CSL Update The Central Bank of Nigeria (CBN) has issued a new circular introducing stricter cash-withdrawal limits and revising deposit-related charges as part of ongoing efforts to reduce cash dependency and improve financial system transparency. Effective 01 January 2026, weekly cash-withdrawal limits will be capped at ₦500,000 for […]
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Vodacom Group Strengthens East Africa Presence; Acquires Increased Shareholding in Safaricom for R36 Billion
The move is a key milestone in Vodacom’s Vision2030 strategy, which includes deepening its leadership in Africa’s high-growth markets and scaling its diversified portfolio December 4, 2025/Vodacom Group Vodacom Group, a leading pan-African telecommunications group, today announced a transaction that would significantly increase its ownership in Safaricom, reinforcing its commitment […]
Q3 2025 GDP Report: Agriculture Rebounds Strongly, Offsetting Oil Weakness
December 4, 2025/Coronation Report Summary Nigeria’s economy maintained its steady growth path in Q3’ 25, reflecting slower growth from the previous quarter. The real GDP expanded by 3.98% y/y, up from 3.86% in Q3’ 24 but slightly below the 4.23% recorded in Q2’ 25. This improvement was driven largely by […]
