Updates

Department of Energy, International LNG Companies to discuss Next Steps for South Africa’s Gas-to-Power Programme in October

August 31, 2016/EnergyNet Ltd Government, international gas developers and finance institutions will return to the South Africa: Gas Options (http://APO.af/wOCzN4) conference this October in Cape Town to address the requirements and opportunities associated with the country’s 3,126MW gas-to-power programme. Following high levels of international interest over the introduction of a standardised […]

Nigeria Records -2.06% Real GDP Growth in Q2-16; Economy Officially in Recession

August 31, 2016/Cordros Research The National Bureau of Statistics (NBS) just released Nigeria’s Q2-2016 GDP growth estimate. Real GDP growth came in at historic negative of 2.06% (the biggest since -7.59% recorded in Q1-2004). Having already contracted in the first quarter, the negative growth in Q2  confirms the economy is […]

Rapid Response: Nigeria’s Inflation rises to 17.1% in July

August 31, 2016/Cordros Research Nigeria’s inflation rate rose 17.1% in July up from 16.5% in June, 2016 after a sixth successive month of a relatively strong increases in the CPI. This month’s inflation figure came in lower than consensus estimate of 17.3%. Month on month inflation rose at a slower […]