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Economic Outlook and the Labor Market

April 7, 2026/US Federal Reserve Vice Chair Philip N. Jefferson Thank you for the warm welcome. It is an honor to speak here at the University of Detroit Mercy.1 I spent most of my career as an economics professor before joining the Board of Governors, so I feel right at home […]

Mobile Subscriptions Record Y/Y Growth

April 7, 2026/CSL Update According to the latest data from the Nigerian Communications Commission (NCC), active mobile subscriptions rose by 13.7 million year-on-year (+8.0%) to 184.6 million in February 2026, up from 170.9 million in January 2025. On a month-on-month basis, subscriptions increased by 2.4 million (+1.3%) from 182.2 million […]

Zenith Bank Plc 2025FY: Core Earnings Buffer Bottom Line Against Trading Losses

April 7, 2026/Cordros Report Zenith Bank Plc (ZENITHBANK) released its audited 2025FY financial results this morning, delivering a modest 0.7% y/y growth in profit after tax (PAT) to NGN1.04 trillion (2024FY: NGN1.03 trillion). Earnings performance was supported by a strong expansion in net interest income (+52.7% y/y), which sustained bottom […]