December 16, 2024/InvestmentOne Update Headline inflation rate rose to 34.60% y/y in November 2024 vs. 33.88% y/y in October 2024. Likewise, food inflation rate increased to 39.93% y/y in November 2024 vs. 39.16% y/y in October 2024. Elsewhere, core inflation rate edged higher to 28.75% y/y in November 2024 vs. […]
Author: InvestAdvocate
LFZC Series 9 & 10 Commercial Paper Issuance of Up to NGN 10.93Bn Still Open
December 16, 2024/FSDH Update The Lagos Free Zone Company (“Issuer” or the “Company”) Series 9 & 10 Commercial Paper Issuance (“CP” or the “Issuance”), under its N30 billion Commercial Paper Programme (the “Issue”) is still open. Lagos Free Zone Company is the licensee and operator of the Lagos Free Zone […]
Nigeria’s Crude Oil Production Reaches New High in November 2024
December 16, 2024/CSL Research According to the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), crude oil production, including condensates, increased by 10% in November to 1.69 million barrels per day (mbpd), up from 1.54 mbpd in October, its highest level since March 2021. Excluding condensates, crude oil production also saw a […]
