January 19, 2023/FBNQuest Research Our chart below, drawn from the Nigerian Communications Commission (NCC) data, shows that active mobile lines and internet connection grew modestly by 2.0% m/m and 0.1% m/m to 219.0 million and 152.9 million respectively as at end-November 2022. This represents a  teledensity of c.110% and an […]

January 19, 2023/CSL Research The scarcity of Premium Motor Spirit (PMS) that the country has been accustomed to in recent times is yet to abate. Long queues can still observed in major petrol stations across Nigeria, with Lagos and Abuja most affected. Motorists complain that long hours in petrol stations […]

January 19, 2023/United Capital Research According to Bloomberg reports, the Nigerian Liquified Natural Gas (NLNG) Limited cancelled several liquefied natural gas shipments citing vandalism on pipelines from gas fields which disrupted production. However, the management of the NLNG reiterated that the company are operating at prime capacity commensurate to the […]