January 16, 2024/InvestmentOne Report Please click to download our December 2023 Inflation Update Inflation statistics for December as published by the National Bureau Statistics, shows that inflationary pressures have intensified slightly. According to the reports, in the final month of the year, inflation rose from 28.20% YoY in November to […]
OPINION/EDITORIAL
Supply Disruptions Boost Bullish Sentiment in Oil Markets
January 16, 2024/Oilprice.com Tom Kool Editor, Oilprice.com A cold snap in the U.S. and continued attacks on ships in the Red Sea have boosted bullish sentiment in oil markets, although increasing product stocks could counter that narrative. Chart of the Week – India’s state-owned refiners are considering resuming imports of […]
Gross Official Reserves Declined by USD4.2Bn in 2023
January 15, 2024/FBNQuest Research According to the data published by the CBN, Nigeria’s gross official reserves decreased by USD91.6m to USD32.9bn in Dec ’23. This decline suggests the country’s gross external reserves fell by approximately USD4.2bn in 2023, indicating an average monthly depletion rate of -USD348m. Our chart below shows […]

