OPINION/EDITORIAL

Sustained Growth in the Insurance Sector; Gross Premium Income Grew by 18% YoY to N726bn in Q4 2022

July 14, 2023/FBNQuest Data from the National Insurance Commission (NAICOM) reveals that the gross premium income of the insurance sector increased by 18% y/y and 36% q/q to NGN726bn in Q4 ’22. The total premium income is made up of income generated from both the life insurance and non-life insurance […]

Oil Bulls Are Back As Brent Breaks Above $80

July 14, 2023/Oilprice.com Michael Kern, Oilprice.com Bullish sentiment has been growing in oil markets this week, with inflation in the U.S. slowing dramatically and markets tightening on the back of supply disruptions and production cuts. Friday, July 14th, 2023 News of a marked drop in US inflation growth this week […]

2023 H2 Outlook – Walking New Paths

July 14, 2023/CSL Research The reforms of the Tinubu administration have changed our initial views on the macro economy. Based on recent FX changes, we have revised our year end forecast for the Naira to N785.77/US$ from N510/US$. In the short term, we believe that there will still be a […]