OPINION/EDITORIAL

Voluntary Currency Disclosure Scheme

November 7, 2024/CSL Research On 31 October 2024, Mr. Wale Edun, the Honourable Minister of Finance and Coordinating Minister of the Economy, announced the launch of the Foreign Currency Voluntary Disclosure, Depositing, Repatriation, and Investment Scheme, also known as the Disclosure Scheme. This initiative is in line with Executive Order […]

Yet Another Grid Collapse

November 6, 2024/CSL Research Yesterday, Nigeria’s national power grid experienced its ninth collapse of the year, resulting in a nationwide blackout that affected all 22 operational generation companies (GenCos) according to news reports. This latest outage underscores persistent issues in Nigeria’s power sector, which continues to grapple with instability, inadequate […]

Mix of Price and Volume Increases Drive Strong Top-Line Growth for Cement Manufacturers

November 5, 2024/CSL Research In the first nine months of 2024, the Nigerian cement industry experienced remarkable topline growth, with the total Revenue of all listed players surging by 69.36% y/y to N3.62 trillion, compared to N2.14 trillion in the same period of 2023. The robust Revenue growth was driven […]