More News

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 […]

Coronation Weekly Update

October 14, 2025/Coronation Report Summary   The Naira strengthened across both official and parallel markets last week, buoyed by sustained CBN interventions and foreign inflows during the week. At the NFEM window, the local currency appreciated by 1.02% w/w to close at N1,465.68/US$1, while in the parallel market it advanced by […]

Global Economic Outlook Shows Modest Change Amid Policy Shifts and Complex Forces

(Credit: Bim/iStock by Getty Images)  October 14, 2025/IMFBlog By Pierre-Olivier Gourinchas In April, the United States shook global trade norms by announcing sweeping tariffs. Given the complexity and fluidity of the moment, our April report offered a range of estimates for the growth downgrade, from modest to significant, depending on […]