September 11, 2024/CSL Research In the Q2 2024 Nigeria GDP report, the manufacturing sector’s performance remained relatively weak. According to the National Bureau of Statistics (NBS), the manufacturing sector in real term grew by 1.28% y/y in the second quarter of 2024, a decline compared to its growth rate of […]
OPINION/EDITORIAL
Nigeria Inflation: Higher PMS Prices to Exacerbate Inflationary Pressures
September 10, 2024/Cordros Report The Nigerian National Petroleum Company Limited (NNPCL) effectively increased the base pump price of Premium Motor Spirit (PMS) by 47.4% to NGN855.00/litre on 3 September, up from NGN568.00/litre. This price adjustment follows a period of acute PMS scarcity and NNPC’s acknowledgement of substantial debt owed to […]
African Companies Must Recognise Strategic M&A as the Most Viable Exit Strategy, Says Investment Bank CEO
Founders can prepare diligently for M&A exits by identifying the right pools of buyers, stress-testing business plans and clearly defining value propositions September 10, 2024/DAI Magister Impacted by global economic issues and geopolitical tensions, African companies have faced a challenging 12 months in terms of VC-backed activity. However, for any […]
