January 7, 2026/CSL Update According to the Central Bank of Nigeria’s latest statistical data, total credit extended by deposit money banks to the manufacturing sector declined sharply from ₦8.49 trillion in October 2024 to ₦6.79 trillion by October 2025, representing a year-on-year contraction of approximately 20.1%. Over the same period, […]
OPINION/EDITORIAL
NNPC’s $1.42Bn, N5.57Trn Debt Write-Off and Test of Nigeria’s Fiscal Governance
January 6, 2026 By Blaise Udunze When the Federal Government approved the write-off of about $1.42 billion and N5.57 trillion in legacy debts owed by the Nigerian National Petroleum Company Limited (NNPC Ltd) to the Federation Account, it was rightly described as a landmark decision. After years of disputes, reconciliations, […]
Oil Eyes Supply Disruptions as Venezuela Rebuild Talk Falls Flat
January 6, 2026/Oilprice.com Tom Kool Editor, Oilprice.com In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some of the key market movers early this week before providing you […]
