May 3, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Bearish sentiment is building in oil markets after the latest U.S. economic data sparked concerns over demand. Rising oil inventories and a potential cooling in geopolitical tensions only added to the downward pressure on oil prices. Friday, April 3rd 2024 The disappointment of the […]
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Nigeria Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa
The signing of the FEDA Establishment Agreement is expected to pave the way for the ratification of the Agreement in due course May 3, 2024/Afreximbank The Federal Republic of Nigeria has acceded to the Establishment Agreement for the Fund for Export Development in Africa (FEDA), the development impact investment platform […]
MTN Nigeria Communications Plc Q1-24 Update: Cost Pressures Worsens; We Remain NEUTRAL
May 3, 2024/Cordros Report We update our views and estimates on MTNN for 2024E following the publication of the company’s Q1-24 financials. As we noted in our initial review of the performance, currency pressures remained a sticking point as further naira depreciation in Q1-24 exacerbated the telco’s woes. Notably, we […]

