February 21, 2024/CSL Research Following a meeting with leading cement manufacturers – Dangote, BUA and Lafarge on Monday in Abuja, the Minister of Works, Dave Umahi, revealed that a consensus had been reached to reduce the retail price of a 50kg bag of cement to a range between N7,000 and […]
OPINION/EDITORIAL
Red Sea Strikes and China’s Economic Stimulus Support Oil Prices
February 20, 2024/Oilprice.com Tom Kool Editor, Oilprice.com China’s attempts to boost its economy and renewed attacks from the Houthis in the Red Sea are adding upward pressure to oil prices this week. US Natural Gas Prices Collapse on Milder Weather and Robust Output – Russia is struggling to benefit […]
A Higher Net Deficit Equivalent to 4% of GDP on the Services Account as of Q3 2023
February 20, 2024/FBNQuest Research Today, we continue our discussion on the balance of payments (BOP), and we shift our focus to the services account, a crucial component of the current account. As shown by our chart below, the services account registered a slightly higher net deficit of -USD3.3bn in Q3 […]
