August 28, 2023/Cordros Report According to the recently released Q2-23 GDP report by the National Bureau of Statistics (NBS), domestic economic activities improved in Q2-23 relative to Q1-23 as the negative impact of the CBN-induced cash scarcity subsided. However, the growth print was capped by the lingering underwhelming oil sector’s […]
OPINION/EDITORIAL
Nigeria’s GDP Growth Slows to 2.51% in Q2
August 28, 2023/CSL Research According to the Gross Domestic Product report published by the National Bureau of Statistics (NBS), the Nigeria’s Gross Domestic Product (GDP) grew by 2.51% y/y in real terms in Q2 2023. This growth rate is lower than the 3.54% recorded in the second quarter of 2022 […]
Bullish Fundamentals Limit The Downside For Oil Prices
August 25, 2023/Oilprice.com Michael Kern, Oilprice.com Oil prices are on track for a weekly loss due to the prospect of new oil flows entering the market, but bullish fundamentals are helping to stop any significant drop. Friday, August 25, 2023 The prospect of Kurdish oil exports returning to the market and […]
