OPINION/EDITORIAL

Pre-MPC September 2023: MPC May Increase the Key Policy Rate Further by 25bps

September 20, 2023/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its penultimate meeting of the year on the 25th and 26th of September. Like the previous meetings, we expect the Committee to consider developments in the global and domestic economy […]

Navigating the Dynamic Landscape of the Global Online Trading Market

19 September 2023 By Boriss Gubaidulin, Africa Director, Admirals The global online trading market has witnessed a remarkable upswing, fuelled by technological advancements and the widespread accessibility of the internet. This surge in popularity and increase of the global market size to USD9.32bn in 2022 has been instrumental in democratising […]

Crude Oil Production Numbers Still Low

September 20, 2023/CSL Research According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s oil production (with condensates) increased by 8.46% MoM to 1.41 mbpd compared to 1.30mbpd recorded in July 2023. Without condensates, production grew to 1.18mbpd compared with 1.089mbpd in July. The perennial issues of pipeline vandalism, theft, […]