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 AFRICA MACROECONOMIC HIGHLIGHTS 22/09/2025

Falling inflation fuels hopes for monetary policy easing – Analysts have projected that the Monetary Policy Committee of the Central Bank of Nigeria would be considering a 50-75 bps rate cut as they begin their meeting on Monday (today). The anticipated rate cut is driven by the steady decline in headline inflation, which, according to […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 17/09/2025

Dangote targets global leadership in fertiliser exports – President of Dangote Group, Aliko Dangote, has declared that Nigeria is on track to become a global powerhouse in fertiliser and petrochemicals, with his company targeting the position of world’s largest exporter of urea fertiliser by 2026. Dangote made the disclosure on Monday while briefing journalists at […]

CFG AFRICA MACROECONOMIC HIGHLIGHTS 15/09/2025

Grid collapse, debts crippling power plants – GenCos – The Chief Executive Officer of the Association of Power Generation Companies, Joy Ogaji, has kicked against threats to disconnect generation companies from the national grid, warning that unstable transmission and market failures are damaging their plants and deepening losses. The GenCos also demanded regulations mandating the […]

Continue reading