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Headline Inflation Slips to 18.02% Y/Y in September

October 15, 2025/Cordros Report Based on the CPI data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation fell sharply by 210bps to 18.02% y/y in September (August: 20.12% y/y). On a month-on-month basis, consumer prices slowed by 2bps to 0.72% (August: +0.74% m/m). Food inflation decreased by 500bps […]

UBA Set to Unveil Whitepaper on Africa’s Financial Infrastructure

October 15, 2025/UBA Plc Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to reinforce its role in shaping the continent’s financial ecosystem with the launch of its landmark whitepaper. The whitepaper, titled “Banking on Africa’s Future: Unlocking Capital and Partnerships for Sustainable Growth,” will be unveiled on […]

Composite PMI Sustains Expansion at 54.0 Points

October 14, 2025/CSL Research The Central Bank of Nigeria (CBN) has released the September 2025 Purchasing Managers’ Index (PMI) report, covering the Agriculture, Services, and Industry sectors. The composite PMI rose to 54.0 points in September, up from 51.7 points in August, indicating continued growth in business activity and marking […]