OPINION/EDITORIAL

Russia’s Fuel Export Ban Pushes Oil Prices Higher

September 22, 2023/Oilprice.com Michael Kern, Oilprice.com Russia’s recent decision to restrict its diesel and gasoline exports has pushed oil prices higher, countering economic concerns sparked by the Fed’s recent reiteration of its “higher for longer” interest rate policy. Friday, September 22nd, 2023 Russia’s decision to ban fuel exports for an undetermined period […]

China’s New Rules for Power Spot Trading Will Aid Renewable Consumption

September 22, 2023/Fitch Ratings China’s new rules for a nationwide power spot market are likely to promote renewable power consumption, as they allow discovery of electricity prices in real time, says Fitch Ratings. This will also help to balance power supply and demand during peak hours. The new rules establish […]

Muted Growth in Broadband Penetration; Flat at 89.7m in July 2023

September 22, 2023/FBNQuest Research According to the latest data on broadband connections provided by the Nigerian Communication Commission (NCC), Nigeria’s broadband internet subscription was flat m/m at 89.7 million in Jul ’23, indicating a broadband penetration rate of 47.0%. However, on a y/y basis, it shows a modest growth of […]