OPINION/EDITORIAL

$100 Oil Is Now Firmly Out Of Reach

October 6, 2023/Oilprice.com Michael Kern, Oilprice.com With oil prices having crashed this week and demand concerns only mounting, it seems bullish traders will have to forget about triple-digit oil prices for now. Friday, October 6th, 2023 The worst week for crude since March, oil prices have shed $10 per barrel […]

Decent Increase in September FAAC Payouts

October 6, 2023/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 September ’23 (from August ’23 revenue) compared to N966bn recorded in the previous month. This is the highest payout recorded this year […]

Federal Government Flags off 1.25m Metering Project

October 6, 2023/CSL Research According to a news report, the federal government is set to distribute 1.25 smart meters to electricity consumers under the Phase 2 of the National Mass Metering Programme (NMMP). The special adviser to President Bola Tinubu on energy, Olu A. Verheijen made this known yesterday, noting […]