OPINION/EDITORIAL

Dangote Cement and Ethiopian Airlines in US$100m Currency Swap

July 10, 2023/CSL Research According to a report from an Ethiopian news outlet, the Central Bank of Nigeria and Ethiopia’s central bank have reached an agreement to conduct a temporary swap of funds blocked as a result of FX shortage in both countries. The agreement will involve Dangote Cement and […]

Oil Prices Remain Capped By Economic Concerns

July 7, 2023/OilPrice.com Michael Kern, Oilprice.com Oil prices are set for a second consecutive weekly gain but the upside remains limited due to continued economic concerns. Friday, July 7th, 2023 Oil prices are set to end the week with a slight gain after the market eventually priced in Saudi Arabia’s […]

Postponing the Evil Day?

July 7, 2023/CSL Research Recently, the President of the Federal Republic of Nigeria signed four executive orders with the aim of reducing cost pressures to be faced by manufacturers and stakeholders, who are already dealing with increased costs associated with the removal of fuel subsidies and the devaluation of the […]