February 10, 2023/OilPrice.com Tom Kool Editor, Oilprice.com In what is set to be the first major supply disruption of 2023, Russia has announced a 500,000 bpd voluntary production cut due to growing pressure from price caps and embargoes. Friday, February 10th, 2023 After months of macro-driven price swings, the introduction […]
OPINION/EDITORIAL
Outlook for 2023
February 10, 2023/CSL Research The cement sector remained resilient in 2022 and this was reflected in its 4.14% y/y GDP growth in Q3 2022. The output performance was the ninth consecutive quarterly real growth since Q2 2020, during the peak of the coronavirus pandemic. Output growth in the cement manufacturing […]
Steady Growth in the Value of e-Payment Transactions in December 2022
February 10, 2023/FBNQuest Research The latest data from the Nigeria Inter-Bank Settlement System (NIBSS) shows that the total value of transactions recorded under its NIBSS Instant Payments (NIP) platform amounted to NGN42.0trn in December ’22. This represents a growth of 39% y/y, and follows a 51% y/y growth in Nov […]
