July 1, 2024/CSL Research President Bola Tinubu has given all state governors a seven-day deadline to provide detailed plans on increasing food production in their respective states. This directive was issued during the 142nd National Economic Council meeting, attended by state governors and some deputies at the State House in […]
OPINION/EDITORIAL
Markets Await Inflation Data as Oil Prices Continue to Rally
June 28, 2024/Oiprice.com Michael Kern Editor, Oilprice.com Oil prices have surged over the last three weeks as geopolitical tensions climbed, although concerning economic data in the U.S. could drag prices back down. Friday, June 28, 2024 All eyes are fixed on US inflation data as crude oil prices have maintained […]
Nigeria Posts Lower Month-on-Month Net Trade Surplus Caused by Higher Imports
June 28, 2024/FBNQuest Research The most recent monthly economic report published by the Central Bank of Nigeria (CBN) shows that the total value of Nigeria’s merchandise trade increased by 4% M-o-M to US$8.1bn in Jan 2024. Although exports rose by 3% M-o-M to about N5.0bn, the higher value M-o-M was […]
