December 10, 2021/OilPrice.com Oil is set to post its strongest week since August as a result of shifting sentiment in crude markets. Friday, December 10th, 2021 The oil markets at large heaved a sigh of relief upon hearing that the Omicron variant of COVID-19 might not be that much of […]
OPINION/EDITORIAL
UBA Takes Over Abuja Disco
December 10, 2021/CSL Research Based on news reports, the United Bank for Africa Plc has taken over the majority stake in the Abuja Electricity Distribution Company (AEDC). The Minister of Power, Abubakar Aliyu, announced that the Federal Government supports the decision. According to Abubakar Aliyu, the Deposit Money Bank had to take […]
Decline in November FAAC Payout
December 10, 2021/Coronation Research The gross monthly distribution by the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N671.9bn (USD1.62bn) in November (from October revenue). This shows a decrease of -9.2% or N68bn from the previous payout. Based on data in the […]
