Pressure is building to phase out fossil fuels in Africa to fight climate change September 2, 2024/AEC By NJ Ayuk, Executive Chairman African Energy Chamber Organizations ranging from the World Bank to the European Investment Bank (EIB) have dropped support for African fossil fuel production in hopes of encouraging a […]
OPINION/EDITORIAL
Nigeria’s Cost of Healthy Diet Increased +1.9% in July 2024-NBS
September 2, 2024/CSL Research Recently data from the National Bureau of Statistics (NBS) indicates that the national average cost of a healthy diet increased by 1.9% in July 2024, rising to N1,265 per adult per day from N1,241 in June. The Cost of Healthy Diet (CoHD) report, which tracks the […]
Currency Outside Banking System Down Slightly in July
August 30, 2024/CSL Research Money Supply statistics from the Central Bank of Nigeria (CBN) as of July 2024 revealed that currency in circulation (CIC) grew by 56.2%y/y in July 2024 to reach a new all-time high of N4.05trn from N2.59trn (July 2023). Month-on-month, there was a marginal increase of 0.12% […]
