February 21, 2024/FBNQuest Research The IMF, in its most recent edition of the World Economic Outlook (WEO), retained its baseline growth forecast for the global economy at 3.1% in 2024, but improved its 2025 growth expectations to 3.2%. The fund noted the continuing threats to the recovery of the global […]
OPINION/EDITORIAL
Government Negotiating Price Reduction With Cement Manufacturers
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 […]
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 […]

