OPINION/EDITORIAL

2026 Outlook – Sustaining Reform Momentum Amid Social Strain and Political Transition

January 12, 2026/CSL Report Nigeria enters 2026 with macroeconomic conditions gradually stabilising, even as deep structural, social, and political challenges persist. Economic growth is expected to strengthen to around 4.2%, driven primarily by resilience in the non‑oil sector, particularly services, ICT, trade, and agriculture. A more stable exchange rate, easing […]

Distribution Constraints Continue to Cap Energy Offtake

January 9, 2026/CSL Update According to the Nigerian Electricity Regulatory Commission (NERC) Q3 2025 report, average energy offtake, defined as the volume of electricity distributed to end-users, declined by 7.1% quarter-on-quarter (q/q) to 3,328.33 MWh/h, from 3,582.6 MWh/h recorded in Q2 2025. This outcome reflects weaker-than-expected utilisation of the Partially […]

Iran Protests Put Supply Risk Back on the Oil Radar

January 9, 2026/Oilprice.com Tom Kool Editor, Oilprice.com Another setback in Russia–Ukraine peace talks and persistent tensions around Venezuela failed to jolt oil markets out of their New Year’s lull. Friday, January 2, 2026 Iran protests have added some impetus to 2026’s heretofore surprisingly bullish start, putting potential supply disruptions back […]