CFG AFRICA MACROECONOMIC HIGHLIGHTS 23052025
Raising economic growth with MPC decisions – The Monetary Policy Committee’s decision to retain the benchmark interest rate at 27.5 per cent, as expected, has triggered various reactions, FELIX OLOYEDE reports The Monetary Policy Committee tightening measures have constituted significant levers pulling inflation down. By retaining the benchmark interest rate at 27.5 per cent, leaving […]
CFG DAILY MARKET REPORT
CFG_DMR_22 May_2025
“The Loop” April Edition
THE LOOP April EDITION 2025
CFG DAILY MARKET REPORT
CFG_DMR_19th May_2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 19052025
FG grants China approval to establish electric vehicle factories – The Chinese Ambassador to Nigeria, Yu Dunhai, has harped on the imperative of enhanced collaboration between China and Nigeria in unlocking the potential of Nigeria’s Solid Minerals sector through the establishment of electric vehicle factories in Nigeria. Dunhai disclosed this while paying a courtesy visit […]
CFG WEEKLY MARKET REPORT
CFG WEEKLY MARKET REPORT_12TH_ MAY_2025 TO 16TH_MAY_2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 16052025
Economic strain: Inflation surges above 30% in Abuja, 10 states – The National Bureau of Statistics released its Consumer Price Index report for April 2025, revealing a slight easing in Nigeria’s inflation rate compared to previous months and the same period last year. The headline inflation rate moderated to 23.71 per cent year-on-year, marking a […]
CFG DAILY MARKET REPORT
CFG_DMR_15th May_2025
CFG AFRICA MACROECONOMIC HIGHLIGHTS 15052025
Fuel import increased after Dangote’s reduced output — S&P – Reduced output from the Dangote Petroleum Refinery due to maintenance supported a bounce in West African import demand, as the market has reverted to European supplies to serve regional demand. According to S&P Global Commodities at Sea data, gasoline imports to Nigeria and Togo surged […]
CFG DAILY MARKET REPORT
CFG_DMR_14th May_2025
