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 […]

May 7, 2023/Coronation Research According to the latest monthly report released by Nigeria’s Pension Commission (PENCOM), the assets under management (AUM) of the regulated pension industry increased by 11.6% y/y to N15.4trn in February ’23. On a m/m basis, the AUM increased marginally by 0.7%. FGN debt securities accounted for […]