August 22, 2023/Oilprice.com Tom Kool Editor, Oilprice.com Oil markets have been relatively subdued this week, with the prospect of Kurdish oil flows restarting adding some downward pressure to prices. Chart of the Week – Hurricane Hilary, the first tropical cyclone to hit southern California since 1939, seems to have spared […]
OPINION/EDITORIAL
Active Mobile Lines Declined by -0.5% MoM to 220m in June 2023
August 21, 2023/FBNQuest Research Our chart below, drawn from data provided by the Nigerian Communications Commission (NCC) on mobile subscribers, shows that the number of active mobile lines declined marginally by -0.5% m/m, (or -1.2 million lines) to 220 million in Jun ’23. The decrease marks the fourth consecutive monthly […]
Currency Outside Banks Climbed by 3.94% to Reach N2.26trn in June 2023
August 21, 2023/CSL Research Money Supply statistics from the Central Bank of Nigeria (CBN) as of June 2023 showed that currency in circulation increased month-on-month by 3.03% in June to N2.6trn from N2.53trn as of May 2023. Also, currency outside banks rose month-on-month by 3.94% to N2.26trn (representing 86.93% of […]
