Updates

Global Outlook H2-2023

Image Credit: United Capital August 30, 2023/United Capital GLOBAL ECONOMY During H1-2023, the global economy showed promising signs of a gradual recovery, despite facing significant challenges from the pandemic and Russia’s unprovoked war on Ukraine. China’s economy bounced back vigorously after reopening, while supply-chain disruptions eased, and the impacts on […]

Dangote Cement – Clarification of Cement Price Misinformation

…..says Nigeria’s price is in line with or lower than prices across the West African coast. August 28, 2023/Dangote Group Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories across Nigeria (as at 28th August 2023) is N4,010 in Okpella and […]

Q2-23 GDP: Growth Improves but Capped by Weaker Oil Sector

August 28, 2023/Cordros Report According to the recently released Q2-23 GDP report by the National Bureau of Statistics (NBS), domestic economic activities improved in Q2-23 relative to Q1-23 as the negative impact of the CBN-induced cash scarcity subsided. However, the growth print was capped by the lingering underwhelming oil sector’s […]