September 11, 2023/CSL Research Based on a recent report from the National Bureau of Statistics (NBS), Nigeria recorded a trade surplus of N1.28trn in the second quarter (Q2) of 2023. Total merchandise trade was N12.74trn, an increase of 5.77% over the value recorded in Q1 2023 but declined by 7.60% […]
OPINION/EDITORIAL
Headline Inflation Rate Expected to Reach New Heights in FY 2023
September 9, 2023/CSL Research Since February 2022, Nigeria’s consumer price index has stayed elevated due to a number of factors such as food shortages, increases in energy cost, multiple currency devaluations, trade restrictions and a few others. Recent policies such as the removal of fuel subsidies, the unification of the […]
Oil Markets Tighten On Constant Inventory Draws
September 8, 2023/Oilprice.com Michael Kern Oilprice.com While Saudi Arabia’s pledge to extend production cuts and Russia’s pledge to extend export cuts may have made headlines, it is the continued inventory draws in the U.S. that are tightening markets. Friday, September 8th, 2023 Whilst market sentiment was capped by weaker-than-expected macroeconomic […]
