August 27, 2021/OilPrice.com A weaker U.S. dollar, a more optimistic demand outlook in China and supply outages in the Gulf of Mexico were the catalysts that drove crude prices higher this week. Friday, August 27th, 2021 With fundamentals largely remaining the same as they were last week, oil prices nevertheless […]
OPINION/EDITORIAL
Food Prices and Insecurity; a Tale of Two-Way Causation?
August 27, 2021/CSL Research The rising prices of food staples in the country is pushing many Nigerian households below the poverty line. Based on the selected food price watch data for July 2021 released by the National Bureau of Statistics (NBS), major consumer staples showed substantial increases month on month […]
Economic Growth Stronger than Expected, but Output to Moderate in Q3
August 27, 2021/CSL Research Nigeria’s second-quarter GDP report by the National Bureau of Statistics (NBS) showed a 5.0% growth (Q1-2021: 0.5%). The performance was mainly driven by base effect in the non-oil sector, while the oil sector remained in contraction for the fifth consecutive quarter. Mixed performances were witnessed […]
