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 […]

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 […]

October 25, 2022/FBNQuest We see from the Budget implementation report for Q2 ’22, that total revenue available to fund the FGN’s budget in H1 ’22 amounted to NGN2.4trn. In comparison to the budgeted sum for the half year, the amount represents a shortfall of NGN1.7trn, or an implied revenue performance […]