Author: CFG Africa Team

CFG AFRICA MACROECONOMIC HIGHLIGHTS 16042025

Federation Account allocation falls third straight month to N1.57tn – The Federation Account Allocation Committee has reported a further decline in monthly disbursements to the Federal Government, states, and local government councils, with a total of N1.578tn shared as March 2025 revenue. This marks the third consecutive monthly drop in allocations this year, following N1.678tn […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 14042025

NGX dips by N22 billion amid losses in Nestle, 23 stocks – The Nigerian Exchange Limited (NGX) has resumed trading on bearish note this week as capitalization declined by N22 billion amid losses in Nestle Nigeria Plc and other 23 stocks. At the close of trading yesterday, the all-share index (ASI) lost 33.72 points, representing […]

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