February 9, 2021/OilPrice.com Chart of the Week – The EIA sees U.S. oil production returning to 2019 levels by 2023 and then remaining between 13 and 14 mb/d through 2050. – The agency sees Brent prices rising from an average of $42 per barrel in 2020 to as high as […]
OPINION/EDITORIAL
Broadband Penetration Set to Improve
February 9, 2021/Proshare by FBNQuest Research The latest data released by the NCC, the industry regulator, show that internet subscriptions stood at 153.8 million in December, representing y/y growth of 22%. The figure implies density of 78% in a population estimated at 198 million, placing Nigeria well above the African […]
Eurobonds and foreign financing
February 8, 2021/Coronation Report What will be the Federal Government of Nigeria’s (FGN) next move when it comes to financing its deficit? Movements in the foreign exchange and open market operation (OMO) markets last week prompted market comment that Nigeria is courting foreign portfolio investment (FPI) to participate in Naira […]
