July 3, 2024/CSL Research According to news reports, Aliko Dangote, Chairman of the Dangote Group has announced that Petroleum Motor Spirit (PMS) from the refinery would be available in the Nigerian market by the third week of July. Petroleum marketers are however concerned that the product’s price may be higher […]
OPINION/EDITORIAL
NBS Says Nigeria’s Capital Importation Up 198.06% to $3.38Bn Y-o-Y in Q1 2024
July 2, 2024/NBS According to data from the National Bureau of Statistics (NBS), capital importation into Nigeria in Q1 2024 was US$3.38bn, 198.06% higher than US$1.13bn recorded in Q1 2023. Capital importation rose by 210.16% from US$1.09m in Q4 2023 compared to the preceding quarter. Portfolio Investment ranked top with […]
Oil Markets Are on Edge as Hurricane Beryl Barrels Towards Jamaica
July 2, 2024/Oilprice.com Hurricane season is back, and oil markets are on edge as the earliest category 5 hurricane to form at this time of the year moves toward Jamaica. – As commodity markets started to talk politics following last week’s Biden-Trump debate, analysts seek to gauge the impact of […]
