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 […]
OPINION/EDITORIAL
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 […]
How Reform Can Aid Growth and Green Transition in Developing Economies
(Credit: Real Moment/Adobe Stock) September 25, 2023/IMFBlog By Christian Ebeke and Florence Jaumotte Many emerging market and developing economies face threats to economic growth and limited policy space due to high inflation, rising debt, and balance of payments pressures. These challenges mounted during the pandemic and were further intensified by Russia’s war […]
