January 22, 2024/FBNQuest Research According to the most recent quarterly economic report from the Central Bank of Nigeria (CBN), the federal government of Nigeria (FGN) recorded a lower fiscal deficit of -NGN2.4trn in Q3 ’23 compared with -NGN2.7trn. Although FGN’s aggregate expenditure declined by -3% q/q to NGN4.0trn, the narrower […]

January 22, 2024/CSL Research Based on reports from the National Bureau of Statistics (NBS) the price of Automotive Gas Oil (Diesel) grew by 37.76% y/y and 6.74% m/m to an average price of N1,126.69/litre in December 2023 across the states of Nigeria from N817.86/litre and N1,055.57/litre recorded in December 2022 […]

January 19, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices are set to post a weekly gain as supply concerns combine with expectations of stronger demand this year. Friday, January 19, 2024 As the wider Middle Eastern conflict now has Pakistan and Iran exchanging missile attacks, further boosting geopolitical risk, the cold snap […]