November 26, 2024/United Capital Research Nigeria’s Gross Domestic Product (GDP) grew by 3.46% y/y in real terms in Q3-2024. This is higher than the 2.54% y/y recorded in Q3-2023 and higher than Q2-2024 growth of 3.19% y/y. The expansion in Q3-2024 occurred despite persistent challenges in the macroeconomic environment, including […]

November 24, 2024/Seplat Energy Plc  Seplat Energy Plc, foremost indigenous energy company, says the gas resources in Nigeria and other African countries can drive significant developmental gains with minimal impacts on emission. According to the leading energy company, gas is the immediate solution to many immediate problems in Africa; thus, there is a compelling […]

November 22, 2024/CSL Research The Federation Account Allocation Committee (FAAC), at its November 2024 meeting held in Bauchi shared a total sum of N1.41 trillion among the Federal Government (N433.02bn), States (N490.69bn), and Local Government Councils (N355.6bn). Additionally, oil-producing states received N132.4bn as derivation fund (13% of mineral revenue). This […]