May 9, 2022/CSL Research The World Bank’s Global Gas Flaring Reduction Partnership (GGFR) in its 2022 Global Gas Flaring Tracker report ranked Nigeria as the 7th largest gas flaring country globally in 2021. Based on the satellite data, about 143.4 billion cubic meters (bcm) was flared at upstream oil and […]

May 6, 2022/Cordros Report According to media reports, the US Senate Judiciary Committee on Thursday (5th May 2022) approved the passage of a bill – No Oil Producing and Exporting Cartels (NOPEC) Act – that could open the Organisation of Petroleum Exporting Countries (OPEC) to antitrust lawsuits over collusion to […]

May 6, 2022/Coronation Research The latest national accounts released by the National Bureau of Statistics (NBS) show that the agriculture sector grew by 2.1% y/y in FY ’21, compared with 2.2% in 2020. Crop production accounted for 90% of agriculture GDP, and expanded by 2.3% y/y. We also note that […]