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 […]

May 6, 2022/CSL Research The Nigerian Electricity Regulatory Commission (NERC) on Thursday gave some Electricity Distribution Companies (Discos) approval to increase their tariffs. The discos include; Port Harcourt Electricity Distribution Company (PHEDC); Jos Electricity Distribution Company (JEDC); Kano Electricity Distribution Company (KEDC); Kaduna Electricity Distribution Company (KEDC); Ikeja Electricity Distribution […]