CFG AFRICA MACROECONOMIC HIGHLIGHTS 08/10/2025
World Bank dismisses Nigeria’s single-digit inflation target – The World Bank has said the Federal Government’s ambition to achieve single-digit inflation in the short term is unrealistic, warning that Nigeria remains among a handful of African countries still grappling with high Consumer price inflation. In its latest Africa’s Pulse report released on Tuesday, the Bank […]
CFG DAILY MARKET REPORT
CFG_DMR_07-OCT-2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 03/10/2025
CBN rate cut to 27% will squeeze banks’ profits – Moody – Global ratings agency Moody’s Investors Service has warned that Nigeria’s banking sector faces fresh profitability risks after the Central Bank of Nigeria cut its benchmark Monetary Policy Rate to 27% from 27.5%. The CBN said the 50-basis-point cut was driven by sustained disinflation, […]
CFG AFRICA MACROECONOMIC HIGHLIGHTS 30/09/2025
NGX offers stockholders N150m exemption on capital gains tax- Investors in Nigeria’s capital market will benefit from a N150m annual exemption under the new Capital Gains Tax regime, following a high-level stakeholder dialogue convened by the Nigerian Exchange Group on the Tax Reform Act 2024.The provision, which takes effect from January 2026, is designed to […]
CFG DAILY MARKET REPORT
CFG_DMR_29-SEP-2025
CFG WEEKLY REPORT FOR SEPTEMBER 22ND-26TH 2025
CFG WEEKLY MARKET REPORT_22ND_ SEP_2025 TO 26TH_SEP_2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 26/09/2025
After 10 years, oil investments flow again – FG – The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has announced that the country has broken a 10-year drought in oil sector investments, thanks to reforms introduced under President Bola Tinubu’s administration. Lokpobiri disclosed this in a statement issued by his Special Adviser […]
CFG DAILY MARKET REPORT
CFG_DMR_25-SEP-2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 23/09/2025
Oil production raises GDP by 4.23% – Driven by improved crude oil production, Nigeria’s Gross Domestic Product (GDP) grew by 4.23 per cent, a report by the National Bureau of Statistics (NBS) has disclosed. The report added that the average daily production of crude oil rose to 1.68 million per barrel, a four year quarter […]
CFG DAILY MARKET REPORT
CFG_DMR_22-SEP-2025