May 6, 2024/CSL Research Fitch Ratings has revised the outlook on Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at ‘B-‘. According to the Fitch report, the positive outlook partly reflects reforms over the last year to support the restoration of macroeconomic stability […]

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 […]

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 […]