February 16, 2023/Mastercard Market uncertainty and increased costs continue to challenge small businesses, and many will rely on extended credit lines and loans to weather the current environment and grow their businesses. Today, Mastercard is announcing that it has added advanced analytics to its Open Banking platform delivered by its […]
OPINION/EDITORIAL
Higher Nigerian crude oil production softens weakness in OPEC+ output
February 16, 2023/United Capital Research Data from the Organisation of Petroleum Exporting Countries (OPEC), in its Feb-2023 Monthly Oil Market Report, MOMR, revealed that Nigeria’s oil production (excluding condensates) rose by 1.6% m/m to 1.26mbpd in Jan-2023, from 1.24mb/d recorded in Dec-2022. The report further revealed that total OPEC-13 crude oil […]
Nigeria January 2023 CPI: Broad Inflationary Pressures to Remain Firm in the Near Term
February 15, 2023/Cordros Report The National Bureau of Statistics (NBS) recently released the January 2023 inflation report, showing that consumers’ prices rose by 47bps to 21.82% y/y (December: 21.34% y/y) – the highest level since September 2005 (24.32% y/y). We attribute the elevated price pressures in the review period primarily […]
