May 24, 2023/CSL Research Based on a report from the Nigerian Bureau of Statistics (NBS), the retail prices of diesel and petrol increased significantly by 28.69% and 47.18% respectively in April 2023. The average retail price paid by consumers for Premium Motor Spirit (PMS) in April 2023 increased to N254.06 […]
OPINION/EDITORIAL
Growth Momentum Eased as GDP Grew by 2.31% y/y in Q1-23
May 24, 2023/Cordros Update The National Bureau of Statistics (NBS) recently released Nigeria’s GDP numbers for Q1-23, with real GDP growing slowly by 2.31% y/y (Q4-22: +3.52% y/y). The growth outturn is 42bps higher than Cordros’ estimate (+1.89% y/y) and 54bps lower than Bloomberg’s median consensus (+2.85% y/y) estimate. A […]
How Natural Gas Market Integration Can Help Increase Energy Security
(Credit: Cylonphoto/iStock by Getty Images) By Rachel Brasier, Andrea Pescatori, and Martin Stuermer Natural gas might be the same commodity everywhere in the world, but prices can vary dramatically because of the complex network of infrastructure eeded to transport it. The result is a partially fragmented global market, mainly because most natural […]
