January 9, 2023/FBNQuest Report Last week Tuesday, President Buhari approved the 2023 budget, which marks the final budget of his administration. A pattern has emerged over the years of the executive sending in the budget proposals to the national assembly, while the legislative arm inserts additional expenditure items. The budget […]

January 9, 2023/Cordros Report Global: The Year 2022 – A period that started with the optimism of consolidation of the post-COVID recovery, albeit slowly, but eventually went southwards with the multifaceted impact of the Russia-Ukraine conflict and tighter monetary conditions. Not only did the Russia-Ukraine conflict disrupt the relatively smooth […]

January 8, 2023/CSL Research The nation’s crude oil production volume was up 16.87% month-on-month to 1.24mbpd (without condensates). Based on data from the National Upstream Petroleum Regulatory Commission (NUPRC), the increase in volume was largely driven by increases in the production volumes from both the Bonny and Brass oil fields. […]