January 9, 2026/CSL Update According to the Nigerian Electricity Regulatory Commission (NERC) Q3 2025 report, average energy offtake, defined as the volume of electricity distributed to end-users, declined by 7.1% quarter-on-quarter (q/q) to 3,328.33 MWh/h, from 3,582.6 MWh/h recorded in Q2 2025. This outcome reflects weaker-than-expected utilisation of the Partially […]
OPINION/EDITORIAL
Iran Protests Put Supply Risk Back on the Oil Radar
January 9, 2026/Oilprice.com Tom Kool Editor, Oilprice.com Another setback in Russia–Ukraine peace talks and persistent tensions around Venezuela failed to jolt oil markets out of their New Year’s lull. Friday, January 2, 2026 Iran protests have added some impetus to 2026’s heretofore surprisingly bullish start, putting potential supply disruptions back […]
Composite PMI Closes 2025 in Expansion Zone
January 8, 2026/CSL Update The Central Bank of Nigeria (CBN) has released its December 2025 Purchasing Managers’ Index (PMI) report for the agriculture, services, and industry sectors. The composite PMI rose to 57.6 points in December from 56.4 points in November, marking the strongest pace of activity in nearly five […]
