January 9, 2024/FBNQuest Research According to the most recent monthly economic report from the Central Bank of Nigeria (CBN), total foreign exchange (fx) inflow into the Nigerian economy increased by 10% m/m to USD5.7bn in Aug ’23. Underscoring the m/m rise in fx inflow was an increase of 17% q/q […]
OPINION/EDITORIAL
Domestic Debt Service Cost Increased by 18% YoY to N1.8Trn in Q3 2023
January 8, 2024/FBNQuest Research Our chart today, drawn from the Debt Management Office’s (DMO) latest quarterly data on public debt, shows that the FGN’s domestic debt service costs increased markedly by 118% y/y to almost NGN1.8trn as at the end of Q3 ’23. The main factor behind the mounting debt […]
Mid-East Tensions Continue To Support Oil
January 5, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Crude prices are set to close out the first week of the new year with a small gain as tensions in the Middle East continue to provide support. Friday, January 5, 2024 Oil prices are set to finish this week with a slight […]
