November 30, 2021/CSL Research According to reports, the province of Ontario, Canada has confirmed two cases of COVID-19 omicron variant from persons who had recently traveled from Nigeria. However, the federal government through the Nigeria Centre for Disease Control (NCDC) has said that the deadly omicron variant of the coronavirus […]
OPINION/EDITORIAL
An Improved Revenue Outturn in July 2021
November 29, 2021/Proshare by FBNQuest Research The CBN’s latest monthly economic report for July ’21 shows that the federation’s gross revenue improved 36% y/y and 39% m/m to almost NGN1.1trn. The gross amount collected was also around 4% higher than the pro-rata monthly budget benchmark. After deductions, the total amount […]
Dip in Crude Oil Price; Perpetuating the Concerns of a Frail Economy
November 29, 2021/CSL Research The Brent futures traded at US$72.81 per barrel on 26 November 2021. According to Reuters, the dip in price of BRENT was driven by concerns around a surplus in Q1 2022 following the uptick in the number of countries that are instituting lockdown measures on the […]

