The African Energy Chamber strongly supports the European Commission’s plan to step up cooperation regarding gas with Africa, however, this should help Africa to expand production, infrastructure development and the exploitation of gas to address domestic energy poverty.. Image Credit: AEC June 6, 2022/AEC The European Union (EU) is moving […]
OPINION/EDITORIAL
Trade Surplus of N1.2Tn in Q1 2022
June 6, 2022/CSL Research Based on the data released by the National Bureau of Statistics, Nigeria’s foreign trade position in Q1 2022 returned to a surplus position of N1.2tn as exports (N7.1tn) significantly exceeded the value of the country’s imports (N5.9otn) in the period. Relative to Q1 2021, total exports […]
*FirstBank – Reaping the Benefits of a Solid Legacy*
June 5, 2022/FirstBank of Nigeria FirstBank delighted investors with a pleasant surprise when it announced stellar results confirming that its turnaround strategy pinned on the pillars of innovation, resilience and digging deep is working. Its profit after tax spiked 108% to N32.4billion on the back of massive loan recoveries and […]
