September 1, 2023/CSL Research The manufacturing sector’s real GDP growth was 2.20% in Q2 2023, a 26.8% decrease compared to the 3.0% recorded in Q2 2022, but an increase of 36.6% from the 1.61% recorded in the previous quarter. The sector’s contribution to the real GDP in the second quarter […]
OPINION/EDITORIAL
Oil Prices Climb As Traders Refocus On Fundamentals
September 1, 2023/Oilprice.com Michael Kern, Oilprice.com Bullish sentiment is building in oil markets as U.S. inventory levels continue to drop while OPEC+ production and export cuts are expected to be extended. Friday, September 1st, 2023 Continuous US stock draws equivalent to a 1 million b/d decline over the past five […]
Slight Setback in Achieving Broadband Targets; Declined by 3% MoM to 89.7m in June 2023
August 31, 2023/FBNQuest According to the most recent data from the Nigerian Communications Commission (NCC), Nigeria’s broadband internet connections declined by -3% m/m to 89.7 million in Jun ’23. Broadband connections have maintained a downward trajectory since Feb’23, apart from the slight increase in May ’23. Nigeria’s broadband connections typically […]
