January 24, 2025/CSL Research The National Bureau of Statistics (NBS) recently released the December 2024 price watch report for Liquefied Petroleum Gas (LPG), commonly known as cooking gas. The report shows that the average retail price for refilling a 5kg cylinder of cooking gas increased by 1.26% month-on-month (m/m), rising […]
OPINION/EDITORIAL
Tariff Hike Portends Stronger Earnings for Operators
January 23, 2025/CardinalStone Research Following extensive engagements, the Nigerian Communications Commission (NCC) has approved a maximum tariff increase of 50.0% for Mobile Network Operators (MNOs), effective January 20, 2025. This marks the first tariff adjustment since 2013 and is deemed essential by the NCC to support infrastructure investments, drive innovation, […]
Domestic Investor Participation Remains Strong
January 23, 2025/CSL Research Domestic investors continued to dominate market activity at the Nigerian Exchange Limited (NGX) in 2024, contributing a remarkable 84% of the total transaction value as of November, compared to just 16% from Foreign Portfolio Investors. This robust domestic participation has significantly bolstered the market, providing much-needed […]
