November 23, 2023/CSL Research Inflation numbers from the National Bureau of Statistics for October showed the composite consumer price index for health grew significantly, up 23.32% y/y. compared with 17.44% y/y in October 2022. Nigeria’s inflation , has been on the rise and while the impact of rising food and utility […]
OPINION/EDITORIAL
Nigeria’s Power Crisis Worsened by Gas Scarcity
November 22, 2023/FBNQuest Research According to the most recent update on the power sector from the Nigerian Electricity Regulatory Commission (NERC), the total electricity generated by the distribution companies (Discos) declined by -5% q/q to 8,867.1 gigawatt hours (GWh) in Q2 ’23. The q/q drop in electricity generated by the […]
FG Revokes 1,633 Mining Licenses
November 22, 2023/CSL Research A Business Day report says the Federal Government has revoked the operating license of 1,633 mining title holders, for failure to pay annual service due to the government. The Minister of solid minerals Dele Alake noted that the move was aimed at sanitising the sector and […]

