Updates

Djibouti Forum Wraps Up with Promising Agreements, Optimism about Economic Prospects

H.E. Ismail Omar Guellah, President of the Republic of Djibouti, and  Dr. Slim Feriani, CEO of Fonds Souverain de Djibouti. Image Credit: IC Publications May 16, 2024/IC Publications The inaugural Djibouti Forum brought together nearly 400 delegates, including international institutional investors collectively overseeing a staggering $2.5 trillion in assets. Describing […]

Nigeria Relaunches Licensing Round, Shares 2024 Investment Prospects at Invest in African Energy 2024

The Nigerian Upstream Petroleum Regulatory Commission outlined available licensing opportunities at the IAE forum, organized by Energy Capital & Power, in Paris on Wednesday May 15, 2024/Energy Capital & Power The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) relaunched Nigeria’s 2024 licensing round – while industry stakeholders unpacked key investment opportunities […]

Rapid Response: Inflation Increases by 49bps to 33.69% Y/Y in April

May 16, 2024/Cordros Report Nigeria’s headline inflation maintained its uptrend, rising by 49bps to 33.69% y/y in April (March: 33.20% y/y). The outturn is 129bps and 51bps lower than Cordros’ estimate (34.98% y/y) and Bloomberg’s median consensus estimate (34.20% y/y). However, on a month-on-month basis, headline inflation eased further by […]