May 3, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Bearish sentiment is building in oil markets after the latest U.S. economic data sparked concerns over demand. Rising oil inventories and a potential cooling in geopolitical tensions only added to the downward pressure on oil prices. Friday, April 3rd 2024 The disappointment of the […]
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 […]

