May 8, 2023/FBNQuest Last week, the Senate approved the Presidency’s request to securitise the NGN22.7trn ways and means advances provided to the federal government (FG) by the CBN, putting an end to prolonged discussions that began last year. In recent years, the FG’s fiscal operations have resulted in significant fiscal […]

May 8, 2023/CSL Research Based on recent data from the National Bureau of Statistics on rail transportation, the total revenue generated from the subsector grew by 81.2% q/q to c. N1.69bn in Q4 2022. This compares favourably with an increase of 27.3% q/q in the previous quarter. On a y/y […]

May 8, 2023/Hill+Knowlton Strategies The World Bank labelled Nigeria as the country with the world’s largest energy access deficit in 2021, with 43% (or 85 million Nigerians) of the country’s population without access to gridconnected electricity. In addition, Nigeria’s electric power consumption per capita of 145KwH2 falls behind those of […]