August 7, 2023/FBNQuest Research Today, we examine the federal government of Nigeria’s (FGN) fiscal operations. According to the CBN’s most recent Quarterly Statistical Bulletin, the FGN’s fiscal operations resulted in a fiscal deficit -NGN4.0trn in Q1 ’23. This compares unfavourably with a deficit of -NGN2.0trn in the previous quarter and […]

August 7, 2023/CSL Research Based on the data extracted from the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill Detection and Response Agency, NOSDRA, oil and gas companies in the country flared 138.7million metric standard cubic feet of gas in H1 2023, a 10% rise from 126.1million […]

August 7, 2023/Hill+Knowlton Strategies By Agusto & Co. With $20.1 billion in remittances in 2021, Nigeria was the second-highest recipient in Africa, trailing only Egypt ($28.3 billion). Although Egypt and Nigeria received over half of all remittances to Africa, the rise in inflows into Egypt remained robust, at double digits […]