Updates

Nigeria’s NNPC proposes changes to increase deepwater oil revenues

January 13, 2017/Reuters Nigeria’s state oil company has proposed legal amendments aimed at enabling the government to increase royalties and other revenues from deepwater oil production. OPEC member Nigeria has been hit hard by a slump in crude oil prices in the last two years, which helped to push the […]

Nigeria Strategy Report H1 2017 (1) – Optimism on US GDP Buoys Global Growth Prospects

Culled-Proshare Review of Global Economy and Markets  Over the next few weeks, we will feature excerpts from our core strategy document – The Nigeria Strategy Report. The report communicates our understanding of key happenings in global and domestic financial markets in 2016 and provides insight on what we believe will […]

Increasing Consumer Resistance and Declining Income Is Taking Its Toll on Retail Prices

Culled—Proshare January 13, 2017/FDC Increasing consumer resistance, changing preference and declining income is taking its toll on retail prices in January. This coincides with FDC Think Tank’s forecast of a slight dip in December inflation to 18.3%. Rice and beans have shed over 20% in 2 weeks. We expect further declines […]