September 26, 2023/CSL Research According to a report in the Punch newspaper, the Executive Chairman Nigerian Communications Commission, Prof. Umar Danbatta, noted that Nigeria’s Fifth Generation (5G) network subscriptions have hit half a million. According to him, the country is aiming to achieve 50 and 70% broadband penetration by the […]
OPINION/EDITORIAL
Macroeconomic Update for Nigeria 2023 Q2: An Economy in Transition – Bold Reforms, New Challenges
September 26, 2023/FSDH Research Kindly click here to download the full report on Macroeconomic Update 2023 Q2. Below is the summary: Review of the Global Economy Global GDP growth remains sluggish due to slower growth of consumer demand Data Source: International Monetary Fund (IMF) Oil price heads towards US$100 per […]
Modest Uptick in Crude Oil Production; Increased to 1.16mbpd in August 2023
September 25, 2023/FBNQuest Research According to the most recent data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s daily production of crude oil increased to 1.16 million barrels per day (mbpd) in Aug ’23 from c.1.08 mbpd the previous month. Including condensates of 0.24mbpd, the daily production of liquids […]
