April 4, 2023/United Capital Research On Monday, 03-Apr, OPEC and OPEC+ members held their 48th joint technical and ministerial committee (JMMC) meeting. Leading up to the meeting, Brent crude and WTI had sunk as low as $73.0/bbl. and $67.0/bbl. respectively in the week following the failure of Silicon Valley Bank […]

April 4, 2023/CSL Research According to figures obtained from the CBN’s data on movement of external reserves, the country’s external reserves fell by US$1.60bn in Q1 2023. The figures show that external reserves fell to US$35.50bn as of 31 March 2023 from US$37.1bn as of 30 December 2022. Though other […]

April 3, 2023/CSL Research According to the recent data released by Debt Management Office (DMO), Nigeria’s total public debt stock increased to N46.25trn or US$103.11bn at the close of 2022. The figure consists of the domestic and external total debt stocks of the federal government and the sub-national governments (36 […]