OPINION/EDITORIAL

Mobile Subscriptions in Nigeria Rise to 222.23 Million in 2022

January 25, 2023/CSL Research According to new data from the Nigerian Communications Commission, the total number of subscriptions grew from 195.13 million as of December 2021 to 222.23 million as of December 2022. This is despite the implementation of the Federal Government’s National Identification Number-Subscriber Identity Module policy. At the […]

Post MPC January 2023: MPC Voted to Raise the MPR by an additional 100bps to 17.50%

January 24, 2023/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously voted to increase the Monetary Policy Rate (MPR) further by 100bps to 17.5% at its first meeting of 2023, representing the fifth consecutive rate hike since the CBN commenced its monetary policy tightening […]

Oil Hits 7-Week High On Strong Demand In China

January 24, 2023/OilPrice.com Tom Kool Editor, Oilprice.com Chart of the Week The Russian Product Price Cap Is Just Around the Corner – In less than two weeks, the EU’s embargo on oil product imports from Russia is set to kick in, and despite a declining trend, Russian diesel deliveries to […]