OPINION/EDITORIAL

Marginal Increase in January FAAC Payout

February 6, 2024/Coronation Research The gross monthly distribution by the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N1.1trn in January ’24 (from December ’23 revenue) compared to N1.08bn recorded in the previous month This shows a 4.6% m/m increase from the […]

Looming Demand Weakness Keeps Oil Prices Under Pressure

February 6, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Oil markets are once again focused on looming demand weakness, capping oil prices despite rising tensions in the Middle East. Chart of the Week – As India holds its second-ever India Energy Week in Goa, the world’s leading oil exporters have flocked to […]

Mobile Subscriptions Rising Marginally

February 6, 2024/CSL Research Based on new industry data from the Nigerian Communications Commission (NCC), Nigeria’s active mobile subscriptions increased marginally by 0.46% to 223.22 million in November 2023 compared to 222.18 million in October 2023. This indicates that the country’s mobile subscriptions increased by 1,031,814 subscribers in November. Since […]