April 25, 2024/CSL Research The Federal Government of Nigeria (FGN) recently issued a directive to reopen Nigeria’s land and air borders with the Republic of Niger, along with lifting other sanctions imposed on the country after the coup there. This move aims to reinvigorate export activities, as trade between Nigeria […]
OPINION/EDITORIAL
Slight Relief for Manufacturers
April 24, 2024/CSL Research Yesterday, there were reports that the Dangote Petroleum Refinery has once again slashed the prices of diesel and aviation fuel. Diesel now sells for N940 per litre, while aviation fuel is priced at N980 per litre. This marks the third significant reduction in diesel price within […]
Month-on-Month FAAC Disbursements Decline In March 2024
April 24, 2024/FBNQuest Research In a recent communique released by the Federal Account Allocation Committee (FAAC), the federation’s revenue disbursement to the three levels of government amounted to N1.1trn (US$867.2m) in April 2024 (from March 2024). The gross payout represented a slight decrease of N30bn or (-3% m/m) compared to […]

