OPINION/EDITORIAL

Natural gas is key to Africa’s industrialisation process and to ending the region’s massive energy poverty

Natural gas only contributes 5% to Africa’s energy mix but almost half the continent’s 55 countries have proven reserves and it could provide the baseload power needed to boost Africa’s capacity to process its raw materials locally September 7, 2023/AEC By Jason Mitchell Africa’s vast natural gas reserves are key […]

Slow Progress in Nigeria’s Agricultural Sector; Contributes 30% to GDP in Q2 2023

September 7, 2023/FBNQuest Research Today, we turn our attention to Nigeria’s agricultural sector, which according to the latest national accounts, published by the National Bureau of Statistics (NBS), contributed c.23.0% to Nigeria’s GDP in Q2 ’23, slightly higher than the c.21.6% it contributed in the previous quarter. However, the sector […]

Another Jump in the Prices of Electricity Meters

September 7, 2023/CSL Research The Nigerian Electricity Regulatory Commission (NERC) through a circular dated 05-September-2023 revealed that the unit cost of new electricity meters across the country has been reviewed higher to N81,975.16 per unit from the previous cost of N58,661.69 per unit for a single phase pre-paid meter while […]