April 23, 2024/Oilprice.com Tom Kool Editor, Oilprice.com WTI crude hangs above $80 per barrel as geopolitical risks have eased somewhat, but haven’t disappeared altogether. Fuel Oil Is Having Its Sunshine Moment – Fuel oil has risen to prominence as the most improved oil product of late, boosted by higher demand […]

April 23, 2024/FBNQuest Research The most recent update from the Debt Management Office (DMO) on Nigeria’s public debt shows that the FGN’s total external debt obligations increased by US$900.6m (+2% q/q) to US$42.5bn in Q4 ’23. Compared to the previous quarter, the smaller rise in the external debt stock in […]

April 22, 2024/FBNQuest Research As of Q4 2023, Nigeria’s domestic debt stock rose by 6% q/q to NGN59.1trn, according to the Debt Management Office (DMO). On a y/y basis, total domestic debt more than doubled. The sharp y/y rise in the FGN’s debt profile can be attributed to the inclusion […]