October 7, 2024/CSL Research The Central Bank of Nigeria (CBN) recently published its Purchasing Managers’ Index (PMI) survey for September 2024, covering three key sectors: Industry, Services, and Agriculture. The composite PMI for September stood at 50.5 points, marking the second consecutive month of economic expansion. This follows 13 months […]

October 4, 2024/Oiprice.com Michael Kern Editor, Oilprice.com Geopolitical risk has dominated oil markets this week, with both WTI and Brent up by roughly 8% since the start of the week when Iran fired at least 180 missiles at Iran in retaliation for Israeli strikes in Lebanon. Friday, October 4th, 2024 […]

October 4, 2024/CSL Research Data from the recently released 2023 Petroleum Products Distribution Statis2tics by the National Bureau of Statistics (NBS) revealed that Nigeria produced only 1.46 billion litres of premium motor spirit (PMS), or petrol, domestically between 2015 and 2019. This low production was due to the country’s moribund […]