August 25, 2023/CSL Research Based on new industry data from the Nigerian Communications Commission (NCC), Nigeria’s active mobile subscriptions declined marginally by 0.5% to 219.7 million in June 2023, compared to 220.9 million, recorded in May 2023. This indicates that the country’s mobile subscriptions database was down by 1.2 million […]
OPINION/EDITORIAL
Total Crude Oil Production Comes in at 40.12mn Barrels in July 2023
August 24, 2023/CSL Research Despite significant increase in the oil rig count to 14 in Q1 2023 from 8 rigs in Q1 2022 based on the August 2023 monthly oil market report by the Organization of the Petroleum Exporting Countries and allies (OPEC+), the total crude oil production (crude oil […]
Sukuk Restructuring Scenarios Are Slowly Developing and Will Vary; UAE in Focus
August 24, 2023/Fitch Ratings Sukuk restructuring scenarios continue to develop slowly and unevenly across various jurisdictions, Fitch Ratings says. Fitch will monitor a recent development at one of the UAE’s real estate development and investment companies, Aurum (Cayman Limited), which could provide additional insights on sukuk restructuring. However, we expect […]
