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 […]
OPINION/EDITORIAL
Mobile Subscriptions Rise by 0.72% in February
April 22, 2024/CSL Research According to recently released industry data from the Nigerian Communications Commission (NCC), the country’s active mobile subscriptions increased slightly by 0.72% to 219.97 million in February 2024 from 218.40 million in January 2024, driven primarily by significant subscriber gains reported by MTN and Airtel, the country’s […]
Oil Price Volatility Soars Amid Geopolitical Uncertainty
Image Credit: Oilprice.com April 19, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Oil price volatility has climbed dramatically as tensions between Israel and Iran escalate, with Brent breaking the $90 mark early on Friday morning before falling back to the $86 handle. Friday, April 19th 2024 The drastic seesawing of oil prices […]

