January 21, 2025/Cordros Report In this note, we examine the potential implications of the recently announced tariff adjustment on telecom operators. On 20 January 2025, the Nigerian Communications Commission (NCC) approved a maximum tariff hike of 50.0% for telecom operators, significantly lower than the 100.0% increase proposed by the industry. […]
Author: InvestAdvocate
NGXASI Advance +0.75%, Buoyed by Blue Chips
January 21, 2025/InvestmentOne Report The NGXASI advanced by 0.75% today to close at 103,317.99pts, driven by the gains recorded in MTNN (+10.00%), TRANSCORP (+3.09%) and GTCO (+1.72%) which pushed the local bourse into the green. In the fixed income space, the Treasury Bills secondary market exhibited a slightly positive performance as yields declined […]
Nigeria’s Crude Oil Production Averaged 1.55 mbpd in 2024
January 21, 2025/CSL Research According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), crude oil production, including condensates, averaged 1.55 mbpd, marking a 5.44% year-on-year increase from the 1.47 mbpd recorded in 2023. This figure was slightly below our projected 1.56 mbpd forecast for 2024. On a month-on-month basis, production […]
