March 1, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices remained stubbornly rangebound in February as signs of a recovering U.S. economy were countered by weaker economic data in both Europe and China. Friday, March 1st 2024 Diverging macroeconomic news, with China and Europe continuing to struggle with below-expectations manufacturing activity […]

March 1, 2024/CSL Research Money Supply statistics from the Central Bank of Nigeria (CBN) as of January 2024 revealed that currency in circulation (CIC) surged by 163% in January 2024 to N3.651trn from N1.39trn (January 2023). Month-on-month, there was a marginal 0.1% decline from the historical high of N3.653trn in […]

February 29, 2024/Cordros Report According to the recently released GDP report by the Nigerian Bureau of Statistics (NBS), the domestic economy maintained its growth trajectory for the third consecutive quarter as real GDP grew by 3.46% y/y in Q4-23 (Q3-23: +2.54% y/y). The growth outturn is 72bps higher than Cordros’ […]