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. […]

FG to Tap National Food Reserves

February 9, 2024/CSL Research Based on news report, the Minister of Information and National Orientation, Mohammed Idris, has announced that food items would be released from the storage facilities (the National Food Reserve) across the country as part of measures to reduce food prices. This was made known after the […]