OPINION/EDITORIAL

The Cost of Healthy Diet Declines -0.8% in August 2024-NBS

October 21, 2024/CSL Research Recent data from the National Bureau of Statistics (NBS) indicates that the national average cost of a healthy diet marginally declined by 0.8% in August 2024, dropping to N1,255 per adult per day from N1,265 in July. The Cost of Healthy Diet (CoHD) report, which tracks […]

Oil Slides in the Absence of Israeli Retaliation Attack

October 18, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Geopolitical risk premiums have gradually evaporated from oil prices as ICE Brent futures slid back to $73 per barrel, a level last seen in the first days of October. Whilst the wait for an Israeli retaliation vis-à-vis Iran is still ongoing, the slowdown […]

Rising Retail PMS Prices

October 18, 2024/CSL Research According to a recent report from the Nigerian Bureau of Statistics (NBS), the average retail price of Premium Motor Spirit (PMS), commonly known as petrol, surpassed the ₦1,000/litre mark for the first time in September 2024, reflecting a 24.08% increase from ₦830.46/litre recorded in August. The […]