February 28, 2024/CSL Research News reports say the Federal Executive Council (FEC) has approved the immediate implementation of the Orosanye report. The Information and National Orientation Minister, Mohammed Idris who made the announcement after the FEC meeting, noted that the adoption of the report, which was submitted to the Federal […]

February 27, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices continue to trade in a very narrow bandwidth with ICE Brent still hovering around the $83 per barrel mark, with traders anticipating potentially impactful US economy data coming in later this week – first the US personal consumption expenditures readings, followed […]

February 27, 2024/FBNQuest Research The gross monthly distribution by the Federation Allocation Committee (FAAC) to the three tiers of the government amounted to NGN1.2trn (USD816.8m) in February (from January revenue). The disbursement represents a slight increase of +2% m/m from the previous month’s gross payout. Compared with the previous month, […]