November 19, 2023/FBNQuest Research The recent update from the National Pension Commission (PenCom) highlights the positive trajectory in the regulated pension industry. According to the latest monthly data, the industry’s asset under management (AUM) experienced a robust growth of 20% y/y to NGN17.4trn as at end-Sep 23. This represents a […]
OPINION/EDITORIAL
Oil Market Predictions and What They Mean for Africa
November 20, 2023/AEC By NJ Ayuk As the African Energy Chamber reports in our newly released “The State of African Energy 2024 Outlook,” we are forecasting a “relative calm” in the liquids market for the remainder of 2023 Six months after the World Health Organization (WHO) declared COVID-19 is no […]
Capital Inflow to Manufacturing Sector Rises by 88.2% in H1 2023
November 20, 2023/CSL Research Based on the capital importation report from the National Bureau of Statistics (NBS) released in H1 2023, total capital inflow into country’s manufacturing sector jumped by 88.17% y/y in H1 2023 reaching US$861.16m from US$457.67m in H1 2022. Q/q, inflow into the sector increased by 136.2% […]
