OPINION/EDITORIAL

Dangote’s $2 billion Petrochemical Plant to Produce 77 Grades of Polypropylene

August 30, 2020 Dangote Group Dangote’s $2 billion Petrochemical Plant located in Ibeju-Lekki, Lagos State, is designed to produce 77 different high-performance grades of polypropylene in the country. With a turnover of $1.2 billion, the 900,000 metric tonnes per annum capacity Dangote Petrochemical plant, situated alongside the Dangote Refinery, has […]

Manufacturing Sector Sustains Growth in Q2 2021

August 30, 2021/CSL Research For the second consecutive quarter, the Manufacturing sector’s real GDP grew by 3.49% y/y in Q2 2021, the highest growth since Q1 2015. Though this can be largely attributed to the low base in the prior year, there are indications that conditions for manufacturing are improving. […]

Oil Stages Strong Recovery

August 27, 2021/OilPrice.com A weaker U.S. dollar, a more optimistic demand outlook in China and supply outages in the Gulf of Mexico were the catalysts that drove crude prices higher this week. Friday, August 27th, 2021 With fundamentals largely remaining the same as they were last week, oil prices nevertheless […]