The continent’s gas industry is on the verge of real transformation, as the African Energy Chamber (AEC) notes in our 2021 Africa Energy Outlook November 30, 2020/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber Africa has already made an indelible mark in the oil industry. It is home to […]

November 27, 2020/Coronation Report Recently the National Bureau of Statistics (NBS) released GDP data for Q3 2020, showing a decline of -3.62% y/y with Non-oil GDP falling by just -2.51% y/y. The Non-oil GDP growth drivers were the Telecoms sector (+17.36% y/y) and Agriculture (+1.39% y/y). These data are considerably […]

November 27, 2020/Cowry Asset Report In the just concluded week, Nigeria’s economy technically went into recession having printed two consecutive quarters of negative growth rates in line with our expectation. Specifically, data from the National Bureau of Statistics (NBS) showed that the country’s real Gross Domestic Product contracted y-o-y by […]