OPINION/EDITORIAL

Nigeria’s GDP Growth Slows to 2.51% in Q2

August 28, 2023/CSL Research According to the Gross Domestic Product report published by the National Bureau of Statistics (NBS), the Nigeria’s Gross Domestic Product (GDP) grew by 2.51% y/y in real terms in Q2 2023. This growth rate is lower than the 3.54% recorded in the second quarter of 2022 […]

Bullish Fundamentals Limit The Downside For Oil Prices

August 25, 2023/Oilprice.com Michael Kern, Oilprice.com Oil prices are on track for a weekly loss due to the prospect of new oil flows entering the market, but bullish fundamentals are helping to stop any significant drop. Friday, August 25, 2023 The prospect of Kurdish oil exports returning to the market and […]

Fossil Fuel Subsidies Surged to Record $7 Trillion

Scaling back subsidies would reduce air pollution, generate revenue, and make a major contribution to slowing climate change Simon Black, Ian Parry, Nate Vernon August 24, 2023/IMFBlog Fossil-fuel subsidies surged to a record $7 trillion last year as governments supported consumers and businesses during the global spike in energy prices […]