OPINION/EDITORIAL

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

May 3, 2024/CSL Research In Q1 2024, cement players witnessed significant topline growth, with a y/y increase of 84.54% to N1.12 trillion compared to N604.90 billion in Q1 2023. The robust revenue growth was primarily driven by both price and volume increases. Specifically, Dangote Cement, the leading cement manufacturer in […]

NCC Data Shows Active Mobile Lines Declined -0.30% MoM to 219.3Million in March 2024

May 2, 2024/FBNQuest Research Recent data from the Nigerian Communications Commission (NCC) shows that active mobile lines decreased by a modest 630k or (-0.3% m/m) to 219.3 million in Mar ’24. This follows a slight increase of +0.7% m/m registered in the previous month. The monthly reduction in mobile lines […]

Robust Economic Gains for EBRD Economies after 20 Years in the EU

Image Credit: EBRD April 30, 2024/EBRD By Ksenia Yakustidi 1 May 2024 marks the 20th anniversary of the EU accession of eight economies where the EBRD invests GDP per capita in these countries almost doubled as a share of Germany’s GDP per capita between 2003 and 2023 Deep integration into European […]