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Dangote Signs $400 Million Equipment Deal to Fast Track Refinery Expansion

February 16, 2026/Dangote Group … to become number one construction company in the world   Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote […]

CBN Expands FX Access for BDCs to Boost Retail Market Liquidity

February 13, 2026/CSL Report The Central Bank of Nigeria (CBN) has issued a circular to authorised dealer banks and the public approving licensed Bureau De Change (BDC) operators to purchase up to US$150,000 per week from the Nigerian Foreign Exchange Market (NFEM). The move is aimed at improving liquidity in […]

MoM Inflation Pressures to Resurface Amid Forecasted Uptick in Core Inflation

February 13, 2026/Coronation Report Summary   Ahead of the January inflation release, we expect a modest uptick in headline inflation to 19.19% from 15.15% in December, marking a temporary pause in the recent disinflationary trend. The increase should be largely core-driven, reflecting post-festive demand rebound and pass-through from the January Premium […]