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‘Subsidy Removal Expected To Generate Fiscal Savings Of N2trn By Year End’

'Subsidy Removal Expected To Generate Fiscal Savings Of N2trn By Year End' The removal of the PMS subsidy is expected to provide fiscal savings of N2 trillion in 2023 and this, together with earnings from improved oil exports and non-oil sources would buoy government’s revenue. According...

Analysts Predict Positive Returns From Cement Sector

Analysts Predict Positive Returns From Cement Sector Analysts at Afrinvest (West Africa) have said the cement sector will deliver superior returns given the wide infrastructure gap in the country. In a report on the sector, Afrinvest highlighted factors that had posed the most challenges to the...

Afrinvest Predicts Economic Growth By 2.5%

Afrinvest Predicts Economic Growth By 2.5% AFRINVEST (West Africa) Limited has predicted an improved but sluggish growth rate of 2.5% for the 2019 financial period. The firm stated this in its report titled, On the Precipice, “The Nigerian economy and financial market/ 2018 review & 2019...