July 9, 2024/Oilprice.com Tom Kool Editor, Oilprice.com The first major hurricane of the year has come and gone without causing any significant supply disruptions, leading oil prices to fall back on Tuesday morning. – The landfall of Hurricane Beryl led to three casualties in Texas, leaving more than 2 million […]

July 8, 2024/CSL Research Based on recent data from the National Bureau of Statistics on rail transportation, the total revenue generated from the rail transport subsector grew by 114.7%% y/y in Q1 2024 to N2.11bn from N983.87m in Q1 2023 and 12.1% q/q, from N1.89bn in Q4 2023. Both quarterly […]

July 5, 2024/FBNQuest Research In a May 2024 report, the International Monetary Fund (IMF) suggested removing electricity subsidies, stating that adjusting tariffs could cut subsidy costs by approximately 0.1% of GDP while continuing to help people experiencing poverty, especially in rural areas. Subsequently, following approval from the Nigerian Electricity Regulatory […]