CFG AFRICA MACROECONOMIC HIGHLIGHTS 22/08/2025

Pension managers target broader investments for N24tn fund – Players in the Nigerian pension industry have called for regulatory guidelines that would enable them to invest in export-orientated businesses, toll roads, real estate and high-growth unlisted companies so as to boost returns. According to a Bloomberg report on Thursday, this call comes as high inflation […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 20/08/2025

Nigeria, California explores investment collaboration – Nigeria’s bid to deepen foreign investment received a boost as the California-Africa Climate and Economic Partnership delegation met with business leaders in Lagos to explore opportunities in the film industry, technology, renewable energy and climate cooperation. At a dinner in Lagos, the stabilising effects of key reforms in recent […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 18/08/2025

Stable naira, harvest season to ease inflation – Analysts – Analysts have projected a sustained deceleration in Nigeria’s inflation in the near term on the back of the ongoing harvest season, exchange rate stability, softer energy prices, and the base effect. The projections followed the release of the July 2025 Consumer Price Index, which saw […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 15/08/2025

FG eyes $4.5bn oil savings, grows output by 400,000bpd – The Federal Government, through the Nigerian National Petroleum Company Limited, says it is taking aggressive steps to save the oil and gas industry about $3bn to $4.5bn in operational costs this year. Group Chief Executive Officer of NNPCL, Bayo Ojulari, stated this in Lagos on […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 13/08/2025

Petrol price drop imminent as Dangote slashes ex-depot cost – The pump price of petrol is expected to drop below N900 per litre as the Dangote refinery reduces the ex-depot price of the product from N850 to N820 per litre on Tuesday. A statement signed by the Dangote Group Chief Branding and Communications Officer, Anthony […]

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