January 15, 2026/CSL Report Recently released data from the National Bureau of Statistics (NBS) showed that Nigeria’s headline inflation rose to 15.2% y/y in December, up from 14.5% y/y in November. Food inflation moderated, coming in at 10.8% y/y from the 11.1% y/y seen in November, while core inflation rose […]
Updates
Dangote Refinery Says Fuel Scarcity Has Gone with Subsidy, Delivers World-Class Fuels to Nigerians
…Assures Nigerians on Price Stability, Listing of Refinery stocks January 14, 2026/Dangote Group Dangote Refinery has reaffirmed its commitment to supplying Nigerians with premium-quality petrol (PMS) that meets global standards, in line with its vision of ensuring energy security for Nigeria and Africa. Speaking at a media briefing in […]
TotalEnergies Divests Interest in Renaissance JV Formerly SPDC
January 14, 2026/Caritas PR TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement (SPA) with Vaaris for the sale of its 10% non-operated interest in the Renaissance JV licenses in Nigeria. The Renaissance JV, formerly known as the SPDC JV, is an unincorporated joint […]
