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Nigerian Middle Class – A Myth? Part 2
Nigerians living on US$10 a day still has extremely low social indicators. According to United Nations’ Children’s Fund (UNICEF), under-five infant mortality rate has rather gone up to 158…
Nigeria’s consumption expenditure and retail opportunity
The National Bureau of Statistics (NBS) in collaboration with the World Bank recently released its general household survey (Panel) report for 2012/ 2013.
Five-thousand (5,000) households…
Nigeria’s consumption expenditure and retail opportunity
The National Bureau of Statistics (NBS) in collaboration with the World Bank recently released its general household survey (Panel) report for 2012/ 2013.
Five-thousand (5,000) households…
Afren’s expects record 2013 results driven by Nigerian assets
In what will be a record financial result, London-listed Afren Plc, said it expects its sales revenue for 2013 to hit $1.65 billion and operating cash flow in excess of $1.1 billion.
The…
Transcorp, GE partner to improve power generation in Nigeria
Transcorp Ughelli Power Limited (TUPL), the power subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), and General Electric (GE) have signed an agreement to expand the…