March 11, 2021/United Capital Research According to OPEC’s recently released Monthly Oil Market Report (MOMR) for Feb-2021, global oil demand is estimated to have declined by 9.7% y/y (or by 9.7mb/d) to 90.3mb/d in FY-2020 from 99.9mb/d in FY-2019. On the positive, oil demand continued to recover from the Q2-2020 […]

March 11, 2021/Proshare By FBNQuest Research Power shortages remain a prominent infrastructure gap in Nigeria. The availability of power is a catalyst to boosting levels of industrial activity for economic development. The FGN estimates national energy demand at c.22,000 megawatts (MW). For businesses located in Nigeria, self-generation places pressure on […]

March 10, 2021/IMFBlog By Ian Parry Over the next decade, global greenhouse gas emissions need to be cut by 25– 50 percent to be on track for meeting the 2015 Paris Agreement goal of containing global warming to 1.5–2°C. The United States intends to do its part. Its climate plan […]