OPINION/EDITORIAL

China’s Covid Strategy Is Keeping Oil Prices In Check

November 1, 2022/OilPrice.com Tom Kool Editor, Oilprice.com Chart of the Week    – As US oil majors such as ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX) see their stock prices hit all-time highs, soaring 75% and 52% in 2022 to date, the Biden administration might be increasingly tempted to squeeze them for funds.  – The […]

Currency Redesign: Masterstroke but not Enough

November 1, 2022/United Capital Research In a press briefing on 26-Oct., the Governor of the Central Bank of Nigeria (CBN) revealed that the Bank will release redesigned N200, N500 and N1,000 notes to the financial system from 15-Dec. Currency holders are expected to remit the old notes to banks as […]

FAAC Disburses N760Bn to All Government Tiers in September 2022

November 1, 2022/CSL Research Based on a Business Day news report, the federal government, states, and local government councils received N760.235bn in September 2022 from the Federation Account Allocation Committee (FAAC). According to the report, of the total distributable revenue of N760.235bn the Federal Government received N294.244bn, the states received […]