23/1/2017/Reuters Africa’s no. 3 oil producer Equatorial Guinea has presented an offer to join the Organisation of the Petroleum Exporting Countries (OPEC) this year and has agreed to production cuts, its energy ministry said on Monday. If Equatorial Guinea was to join OPEC, it would become the cartel’s 14th member […]
Updates
Bold Initiatives for Housing; FMBN is Developing a Diaspora Mortgage Housing Scheme
Culled—Proshare 23/1/2017/FBNQuest Research Official records place the country’s housing deficit at 17 million units. In the current economic downturn, the real estate sector contracted by -7.4% y/y in Q3 2016 after -5.3% the previous quarter. Demand for residential property has been relatively low and resulted in some cases in subdued […]
NCC’s Suspension of Directive on Data Segment Price Floor, a Good Omen
January 23, 2017, by Bolaji Dawodu E. On November 2016, all major newspapers in Nigeria reported that plans have been perfected and directives issued to increase the prices of internet data plans across all networks in the country by December 1, 2016. Some said the increment would be as high […]
