OPINION/EDITORIAL

Improvement in Broadband Penetration

July 27, 2022/Coronation Research The latest data released by the Nigerian Communications Commission (NCC), the industry regulator, show that internet subscriptions stood at 151 million in June ‘22. This represents a y/y increase of 7.7% and a m/m increase of 0.4% (or c.650,000 new subscriptions). The figure implies a density […]

Oil Palm Sector Update Report 2022 – Value Lurking in the Green

July 27, 2022/Proshare Executive Summary  Globally, oil palm is the most consumed edible oil – accounting for 41.2% of the global edible oil consumption in 2021 according to estimates by United States Department of Agriculture (USDA). Interestingly, the crop has an economic lifespan of about 25 to 30 years, bearing […]

Nigeria’s Federal Revenue to GDP Ratio Remains Abysmally Low Compared to Peers

July 27, 2022/CSL Research Data obtained from the Organisation for Economic Corporation and Development (OECD) revealed that the Nigeria’s gross Federal Revenue to Gross Domestic Product (GDP) ratio has declined consistently from 17.9% in 2011 to 6.1% in 2016, 7.6% in 2019 and 4.67% in 202o and remains the lowest […]