June 21, 2024/FBNQuest Research Nigeria’s gross official reserves increased by US$858m M-o-M to US$33.6bn as of June 19, 2024, according to the latest data from the CBN. On a year-to-date (YTD) basis, the reserves also increased by US$666m. The rise in June marks a reversal from the downward trend observed […]

June 21, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices surged this week as hurricane season began, demand improved, and both U.S. crude and gasoline inventories fell. Rising geopolitical risk around the world only added to bullish sentiment. Friday, June 21, 2024 The onset of hurricane season in the US, improving […]

June 21, 2024/CSL Research Recently, the Nigerian Bureau of Statistics (NBS) released the price watch reports for Premium Motor Spirit (Petrol) and Automotive Gas Oil (Diesel) for the month of May 2024. The Automotive Gas Oil price watch report for May 2024 showed that the average price of diesel was […]