OPINION/EDITORIAL

TotalEnergies: Driving Economic Development Beyond Oil & Gas

The French multinational is advancing economic development across Africa through its tax contributions, strategic infrastructure investments, energy access initiatives and focus on local empowerment July 5, 2024/AEC Multinational energy company TotalEnergies acts as a key contributor to economic growth and tax revenues in the markets in which it operates, extending […]

Voice Subscribers Decline Amidst a Marginal Rise in Internet Subscribers

July 5, 2024/CSL Research According to a report from the Nigerian Bureau of Statistics (NBS), the total number of active voice subscribers in Q1 2024 declined by 3.03% to 219,304,281 from 226,161,713 in Q4 2023. On a quarter-on-quarter (q/q) basis, active voice subscribers fell by 2.41%. In contrast, the number […]

FGN Fiscal Deficits Increased 9% Y-o-Y to N1.1Trillion

July 4, 2024/FBNQuest Research According to the CBN’s monthly economic report, the Federal Government of Nigeria’s (FGN) fiscal operations resulted in a fiscal deficit of -N1.1trn in January 2024. January’s fiscal deficit is N37m lower than the deficit position of over -N1.1trn recorded in Dec 2023 but is 9% Y-o-Y […]