February 12, 2024/CSL Research Based on news reports, the Port Harcourt Refinery is set to start operations following the supply of 475,000 barrels of crude oil by Shell Petroleum Development Company Limited. It was also stated that some activities, including pressure and leak testing to assure pipeline integrity by relevant […]
OPINION/EDITORIAL
The Geopolitical Risk Premium Is Back in Oil Markets
February 9, 2024/Oilprice.com Michael Kern Editor, Oilprice.com The geopolitical risk premium returned to oil markets this week after Israel rejected a ceasefire offer and bombed Rafah. Friday, February 9th, 2024 The geopolitical risk premium kicked back in big time this week after Israel rejected a ceasefire offer in Gaza and […]
Private Sector Credit Extension Grows by 50% YoY to N62.5trn in December 2023
February 9, 2024/FBNQuest Research The most recent data from the Central Bank of Nigeria (CBN) shows that private sector credit extension (PSCE) increased by +50% y/y to NGN62.5trn in Dec ’23. This is the fastest growth rate for PSCE in 2023, surpassing the 45% y/y growth recorded in Sep ’23. […]
