OPINION/EDITORIAL

Economists Note a Persistent Rise in FGN Fiscal Deficit in April 2024

August 26, 2024/FBNQuest Research The most recent data from the Central Bank of Nigeria (CBN) shows that the Federal Government of Nigeria’s (FGN) fiscal operations resulted in a fiscal deficit of -N824.8bn in April 2024. The deficit in April is slightly higher than the -N823.9bn recorded in March 2024 but […]

Oil Jumps 2% During Fed Jackson Hole Meeting

August 23, 2024/Oilprice.com WTI crude rose more than 2% as the Fed delivered its Jackson Hole meeting. Stocks, bonds, and gold prices rose during the meeting as the dollar lost some strength.             Friday, August 23rd, 2024  Oil prices have been rangebound this week, recovering after […]

Worsening Insecurity in Nigeria

August 26, 2024/CSL Research The recent abduction at gunpoint of 20 medical students from the Jos Teaching Hospital in Benue State, while they were en route to a conference, highlights the worsening security situation in Nigeria. This incident, which drew intense public pressure from the National Association of Nigerian Students […]