November 1, 2023/Fitch Ratings According to the Central Bank of Nigeria’s (CBN) most recent Quarterly Statistical Bulletin, gross federally collected revenue fell by -16% q/q and -13% y/y to NGN2.5trn in Q2 ’23. The government’s revenue receipts have now declined for three consecutive quarters. The consistent decline in federal gross […]

November 1, 2023/CSL Research Based on news reports, the Minister of Power, Mr. Bayo Adelabu said the Federal Government plans to review the Siemens power deal with Nigeria, which was expected to increase power supply from the current 4,000mw to 25,000mw by 2025. He, however noted that the part of […]

October 31, 2023/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices are once again under pressure due to uncertainty about China’s economy, with the latest manufacturing data reigniting demand fears. Chart of the Week – Uranium prices have soared in recent days to $74 per pound, a 50% increase in 2023 to […]