March 8, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices have remained largely rangebound over the last month as bullish and bearish factors continue to counterbalance each other.  Friday, March 8th 2024 The flatlining of oil prices continued this week despite positive trade data coming out of China and impressive Indian oil […]

March 8, 2024/Fitch Ratings The recent 400bp increase, to 22.75%, in Nigeria’s monetary policy rate (MPR) marks progress in the country’s efforts to contain inflation and support a more market-determined exchange rate, though real rates remain negative and the exchange rate is still subject to downward pressure, says Fitch Ratings. […]

March 8, 2024/FBNQuest Research Today, we look at developments in the electricity sector. According to the United States Agency for International Development (USAID), Nigeria has the capacity to produce 12,522MW of electricity from its current power infrastructure. However, recent data from Nigerian Electricity Supply Operators suggest a peak power generation […]