OPINION/EDITORIAL

Nigeria creeps out of recession; Economy expands 0.1% in Q4-2020

February 19, 2021/United Capital Report Yesterday, the National Bureau of Statistics (NBS) published its Q4-2020 GDP estimates. According to the report, Q4 GDP grew 0.1% y/y, representing the first positive quarterly y/y growth since Q1-2020, an indication that the economy rebounded from the Covid-19 induced recession. Thus, the Q4 recovery […]

Q4-20 GDP: A Narrow Exit from Recession; Sustained Recovery Expected in Q1-21

February 19, 2021/Cordros Report The recently released Q4-20 GDP report by the National Bureau of Statistics (NBS) surprised positively as Nigeria narrowly exited its second recession in four years. The fourth quarter’s improvement in economic activities was quite remarkable as GDP grew by 0.11% y/y (Q3-20: -3.62% y/y), a marked […]

Senegalese President calls for National Oil and Gas Reform

H.E. President Macky Sall is seeking to ensure a swifter progression of oil and gas projects in the country February 19, 2021/AOP By Nzube Nlebedim Senegalese President Macky Sall has called for a transformation of organization, management, execution and evaluation processes within the domestic oil and gas sector, as the […]