October 27, 2022/United Capital Research The recently released Public Presentation of the 2023 Budget proposal revealed that Nigeria generated a total of N3.7tn revenue between Jan–Aug 2022 compared to the pro-rated sum of N5.5tn expected for the period. This implies that Nigeria was only able to generate 66.7% of the […]
OPINION/EDITORIAL
No Respite for Inflation as Floods Limit Food Supply
October 26, 2022/CSL Research The recent heaving flooding across most parts of Nigeria remains a critical factor that will drive food inflation numbers for the last quarter of 2023. According to a Business Day news report, traders and distributors say the price of a 50kg bag of locally parboiled rice […]
Weaker Dollar Fuels Oil Rally
October 25, 2022/OilPrice.com Tom Kool Editor, Oilprice.com Chart of the Week European Inflation Hits Double Digits – Whilst the commodity markets have been buzzing about upcoming Federal Reserve rate hikes, the European Central Bank is widely expected to follow down the same route and bring the deposit rate to […]

