June 8, 2021/United Capital Research Recently, the National Bureau of Statistics (NBS) released the Terms of trade report for Q1-2020. The report showed that total trade increased by 14.1% y/y and 7.0% q/q in Q1-2021. The increase in total trade comes as no surprise considering the impact of exchange rate […]
OPINION/EDITORIAL
Trade Deficit Widens in Q1 2021 on Increased Imports
June 7, 2021/Proshare by CSL Research According to the foreign trade in goods statistics released by the National Bureau of Statistics (NBS), the total value of Nigeria’s merchandise trade increased by 7% q/q and 14% y/y to N9.8trn in Q1 2021 from N9.1trn in Q4 2020 and N8.6trn in Q1 […]
WTI Nears $70 As Bulls Run Rampant
June 4, 2021/OilPrice.com Oil bulls are out in force as OPEC+ succeeds in draining global inventories while successful vaccine programs give hope that the end of the global pandemic may be in sight. Friday, May 28th, 2021 WTI is testing the $70 threshold, and the oil bulls are out in […]
