July 21, 2023/Oilprice.com Michael Kern, Oilprice.com Oil prices are on track for a slight weekly gain as traders grow cautiously bullish despite a strengthening U.S. dollar and speculation on another rate hike from the Fed. Friday, July 21st, 2023 This week has seen the first replenishment of US SPR stocks […]
OPINION/EDITORIAL
Foreign Investments in Manufacturing Declined by 35% in Q1 2023
July 21, 2023/CSL Research According to the Nigerian Bureau of Statistics (NBS), foreign investments to the manufacturing sector dropped by 35% to US$256m in the first quarter of 2023 from US$392.5m in the fourth quarter of 2022. According to the report, the total capital imported into Nigeria in Q1 2023 […]
FBNQuest Capital Nigeria H2 2023 Economic Outlook: Charting a New Course for Sustainable Growth
July 20, 2023/FBNQuest Fast-paced start with bold economic reforms President Bola Tinubu has assumed office with a commitment to driving economic growth. His administration implemented transformative changes immediately. Fuel subsidies were eliminated to confront fiscal challenges. Simultaneously, sweeping reforms revamped the foreign exchange (fx) market, uniting fragmented market segments, eliminating […]
