OPINION/EDITORIAL

Oil Rebounds On Mexico Production Outage

August 24, 2021/OilPrice.com Chart of the Week Indian Crude Imports Drop to 1-Year Low in July – Indian demand seems to have bottomed out in July, hitting a 1-year low in crude oil imports at 3.4 million b/d.  – The weak readings come from a double whammy of refinery maintenance […]

MTNDP 2021-2025: A Hope for Revival or Keeping up with the Joneses?

August 24, 2021/CSL Research Yesterday, in line with the usual tradition of rolling out economic plans, the Federal Government disclosed plans to launch the Medium-Term National Development Plan (MTNDP) spanning 5 years (2021-2025) in October 2021. The development plan, which follows the Economic Recovery and Growth Plan (2017-2020) anchors on […]

Recent FX Pressures: Storm Before the Calm?

August 24, 2021/United Capital Research Over the past week, renewed pressures have resurfaced in the parallel segment of the FX market with exchange rate closing at N520.00/$, from a pre-BDC FX ban low of N505.00/$. The sudden pressure at the parallel market coincides with a period of sustained decline in […]