August 22, 2023/CSL Research Last week, the Central Bank of Nigeria (CBN) in an effort to stabilise the foreign exchange arket and reduce the premium between the parallel market and the official market, issued a circular to the Bureau-De-Change operators in the country, stating new operational guidelines. This is coming […]
OPINION/EDITORIAL
Oil Prices Subdued But Bearish Catalysts Loom
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 […]
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 […]
