OPINION/EDITORIAL

Q1 2024 GDP Report— Economic Growth Remains Resilient

May 27,2024/InvestmentOne Report Please click to download our Q1 2024 GDP Update According to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS), Nigeria’s economy, despite facing macroeconomic challenges, maintained positive growth, expanding by 2.98% YoY in real terms for the three months ending […]

Agricultural Sector Growth Declines in 2023

May 24, 2024/CSL Research Nigeria’s agricultural sector grew by 1.13% in 2023 in real terms compared to the 1.88% growth recorded in 2022, indicating a decline of 40%. The data also revealed the sector’s contribution to GDP shrunk in 2023 to 25.18%, lower than its 25.58% contribution in 2022. The […]

Oil Prices Remain Under Pressure Despite Rising Gasoline Demand

May 24, 2024/Oilprice.com A combination of crude inventory builds and high interest rates continued to weigh on oil prices this week, with Brent and WTI both trading near three-month lows. Friday, May 24th 2024 Oil prices have been declining for four consecutive days, driven lower by the Federal Reserve’s reluctance to […]