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 […]
OPINION/EDITORIAL
NNPC Limited Pays N1.32Trn Subsidy on N1.2Trn Petrol Imports in Q3 2022
January 24, 2023/CSL Research TheCable news reports that NNPC Limited spent a total of N3.3trn between January and November 2022. Specifically, a total of N210.38bn was spent in January, N219.78bn in February, N245.77bn in March, N271.58bn in April, N327.07bn in May, N319.17bn in June, N448.78bn in July, N525.71bn in August, […]
MPC Raise Policy Rate by 100Bps to 17.50%
January 24, 2023/InvestmentOne Update At the 1st MPC meeting of the year, the Committee unanimously voted to RAISE policy rate further by 100bps to 17.50% with other policy parameters unchanged. Other parameters retained were: The asymmetric corridor of +100/-700 basis points around the MPR; The CRR at 32.50%; and The […]
