OPINION/EDITORIAL

Africa Needs Natural Gas to Meet 27th United Nations Climate Change Conference (COP27) Commitments

During the conference, representatives from wealthier nations made efforts to cast our continent as the recipient of undue climate change impacts deserving of financial compensation May 24, 2023/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber The 27th United Nations Climate Change Conference, or the Conference of the Parties of […]

Nigeria Q1-23 GDP: GDP Growth Momentum Slows; Modest Improvement Expected in Q2-23

May 24, 2023/Cordros Report According to the recently released GDP report by the National Bureau of Statistics (NBS), domestic economic activity maintained its positive growth path in Q1-23. However, the growth momentum slowed compared to the prior quarter, settling lower at 2.31% y/y (Q4-22: 3.52% y/y). In our view, the […]

Retail Energy Prices Remain High in April

May 24, 2023/CSL Research Based on a report from the Nigerian Bureau of Statistics (NBS), the retail prices of diesel and petrol increased significantly by 28.69% and 47.18% respectively in April 2023. The average retail price paid by consumers for Premium Motor Spirit (PMS) in April 2023 increased to N254.06 […]