OPINION/EDITORIAL

July 2023 Data: The Underlying Drivers of Headline Inflation

August 14, 2023/FBNQuest Research Except for a brief period of easing in Dec ’22, Nigeria’s headline inflation reading has steadily risen since Feb ’22. The most recent inflation reading for Jun ’23 showed that the headline rate rose by 38bps to 22.79%, notably below the market’s expectation. Today, we turn […]

The Oil Price Rally Stalls Amid Demand Uncertainty

August 11, 2023/Oilprice.com Michael Kern, Oilprice.com Uncertainty has returned to the oil market this week, with the recent oil price rally having stalled due to renewed economic concerns in China and a large inventory build in the U.S. Friday, August 11, 2023 Backwardation in Brent and WTI futures continued to […]

Telecom Operators Record 18.7% Increase in Revenue in 2022

August 11, 2023/CSL Research According to the Nigerian Communications Commission (NCC), in its newly released 2022 subscriber/network data annual report, telecommunications operators in the country recorded growth in revenue in 2022. According to the report, the total revenue of telecom companies for the year was N3.8 trillion, an 18.7% increase […]