OPINION/EDITORIAL

Rail Transportation Report: Revenue grew to N6.1 bn in 2021, a 3x y/y Increase

June 30, 2022/United Capital Research The recently released NBS report on the Railway sub-industry revealed continued growth in the sector on the back of a healthy post-Covid 19 pandemic recovery. Revenues grew exponentially in the period under review, more than 3x to N6.1bn in generated income compared to the N2.0bn […]

Comparing Mutual Funds II : Apples & Oranges, and a Hand Grenade

June 29, 2022/Coronation Research One year after our publication ‘Comparing Mutual Funds – Apples & Oranges’, we return to the subject of comparing the performance of Nigeria’s mutual funds. This year we take a deep dive into the differences between the amortised accounting method, which most funds in Nigeria use, […]

The Weighty Impact of Petroleum Subsidy and Refinery Maintenance

June 29, 2022/CSL Research The high cost of fuel subsidy and maintenance of non-functioning crude oil refineries in recent times has further reinforced our long-standing call for the deregulation of the downstream sector and privatization of the refineries. Data from the Nigerian National Petroleum Company Limited (NNPC) revealed that the […]