OPINION/EDITORIAL

Strong Fuel Demand Boosts Oil Prices

May 23, 2023/OilPrice.com Tom Kool Editor, Oilprice.com Chart of the Week – According to S&P Platts, global air travel has finally returned to pre-pandemic levels this month as total commercial flights per day averaged 105,682 in the first two weeks of May, up 20% year-on-year.  – Global jet fuel demand, […]

Dangote Refinery; a Panacea for Nigeria’s Economic Ills?

May 23, 2023/CSL Research The first refined Premium Motor Spirit (PMS), also called Petrol from Dangote Refinery and Petrochemicals, will hit Nigeria’s local market by end of July or beginning of August, chairman of Dangote Group, Alhaji. Aliko Dangote confirmed. Dangote made the disclosure in his remarks at the official […]

Pre MPC Meeting Outlook

May 23, 2023/CSL Research 25bps rate hike likely as MPC concludes meeting. As the Central Bank of Nigeria (CBN) concludes its third Monetary Policy Committee (MPC) meeting of the year today, we anticipate a likely sustenance of its contractionary monetary measures, though we expect a very moderate 25bps increase in […]