August 6, 2024/Oilprice.com By Tom Kool Hedge funds have turned bearish on commodities for the first time since 2016, citing concerns about an economic slowdown. Saudi Aramco pledged to pay a record $124 billion in dividends this year despite a drop in net profits. Solar developer SunPower filed for bankruptcy […]
OPINION/EDITORIAL
Court Nullifies Sale of 49% Equity Stake in Nigeria Air to Ethiopian Airlines
August 7, 2024/CSL Research According to news reports, a Federal High Court in Lagos has nullified the sale of a 49% equity stake in Nigeria Air to Ethiopian Airlines. In his ruling, the Presiding Judge declared the stake sold to Ethiopian Airlines as null and void. He also ordered a […]
Mix of Price and Volume Increases Drive Strong Top-Line Growth for Cement Manufacturers
August 6, 2024/CSL Research In the first half of 2024, the Nigerian cement industry experienced significant topline growth, with total revenue of all the listed players in the sector rising significantly by 76.67% y/y to N2.42 trillion, compared to N1.37 trillion in the same period in 2023. This robust increase […]
