May 23, 2024/FBNQuest Research Nigeria’s broadband connections increased slightly by 1.0% m/m and 2.5% y/y to 94.4m in April 2024, according to the most recent data from the Nigerian Communications Commission (NCC). Broadband connections have maintained an upward trajectory since September 2023, except for a brief moderation in January 2024. […]
OPINION/EDITORIAL
Post MPC May 2024: MPC Raises the MPR Again by 150bps
May 21, 2024/Cordros Report The Monetary Policy Committee (MPC), in its third meeting of the year, voted to raise the Monetary Policy Rate (MPR) for the third consecutive time by 150bps to 26.25% in May. Notably, the Committee deliberated on either tightening its monetary policy further or holding the MPR […]
Demand Concerns Boost Bearish Sentiment in Oil Markets
May 21, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Bearish sentiment appears to have taken hold of oil markets lately, with demand concerns dragging prices lower. Oil bulls will be looking to OPEC+ to lift prices at its upcoming meeting. – European crude differentials have dipped this week after the continent’s return […]

