October 24, 2023/FBNQuest Research Today, we focus our attention on Nigeria’s agricultural trade patterns from the National Bureau of Statistics (NBS) Q2 ‘23 report on foreign trade. As expected, crude oil accounted for 76% of Nigeria’s merchandise export trade in Q2 ’23. Other oil products and agricultural goods contributed c.10.6% […]

October 24, 2023/CSL Research Based on new industry data from the Nigerian Communications Commission (NCC), Nigeria’s active mobile subscriptions decreased marginally by 0.07% to 220.71 million in August 2023 compared with 220.86 million in July 2023. This indicates that the country’s mobile subscriptions decreased by 145,026 in August. This decline […]

October 23, 2023/FBNQuest Research The most recent electricity sector report from the National Bureau of Statistics (NBS) reveals a 13% y/y increase in total electricity billed by the nation’s distribution companies (Discos) to 5,909.8 gigawatt hours (GWh) in Q2 ’23. Overall, the total electricity billed by the Discos increased by […]