November 29, 2024/CSL Research Despite reports suggesting that Nigeria’s crude oil output, including condensates, rose to 1.8 million barrels per day (mbpd) in October 2024, official data from the National Upstream Petroleum Regulatory Commission (NUPRC) indicates otherwise. According to the NUPRC, crude oil production, including condensates, fell slightly by 0.40% […]
OPINION/EDITORIAL
Nigeria’s Unemployment Rate Dropped to 4.3% in Q2 2024
November 28, 2024/CSL Research The National Bureau of Statistics (NBS) recently published the Nigeria Labour Force Survey (NLFS) for Q2 2024. The survey’s primary objective is to gather essential labour market data and make it available to support:1) government policies and programmes for effective planning, and 2) private sector investment […]
Talking Macroeconomics: Reviewing Post MPC’s Cautious Step Forward and Implications for Sectors
November 27, 2024/Meristem Research At its 298th Monetary Policy Committee (MPC) meeting held on November 25th and 26th, 2024, the MPC deliberated on pivotal choices to guide monetary policy route. The Committee decided to raise the Monetary Policy Rate (MPR) by 25bps from 27.25% to 27.50%. Other key parameters were […]
