May 27,2024/InvestmentOne Report Please click to download our Q1 2024 GDP Update According to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS), Nigeria’s economy, despite facing macroeconomic challenges, maintained positive growth, expanding by 2.98% YoY in real terms for the three months ending […]
Updates
Nigeria’s Real GDP Grew by 2.98% Y/Y in Q1-24
May 24, 2024/Cordros Report Recent data from the National Bureau of Statistics (NBS) revealed that the domestic economy sustained its positive growth momentum in Q1-24, as the real GDP grew by 2.98% y/y (Q4-23: +3.46% y/y). The growth outturn is 10bps higher than Cordros’ estimate (+2.88% y/y) and 51bps lower […]
Sonatrach-ExxonMobil Gas Deal to Open New Play in the Ahnet-Gourara Basin
The deal signifies a pivotal step in Algeria’s hydrocarbon development, marking a strategic partnership aimed at tapping into the nation’s gas reserves May 24, 2024/AEC Algeria’s state oil company Sonatrach and energy major ExxonMobil have signed a deal to develop two major gas fields in southern Algeria’s Ahnet and Gourara […]
