September 13, 2022/OilPrice.com Chart of the Week Gas-to-Oil Switching Counteracts Recession Fears – Despite the drop-off in European spot prices, the cost of natural gas remains prohibitively high, paving the way for global gas-to-oil switching in the power generation industry.  – Refiners and energy-intensive industries are already adding some 350,000 […]

September 13, 2022/FBNQuest According to the most recent data from the Nigeria Inter-Bank Settlement System (NIBBS), the total value of electronic transactions recorded under the NIBSS Instant Payments (NIP) increased by c.13%m/m and 50% y/y to c.NGN33.2trn in August ‘22. On a cumulative basis, the value of transactions processed through […]

September 13, 2022/FBNQuest As the world mourns the loss of Queen Elizabeth II, it is believed that her passing could have implications traversing the economy and politics, especially at a time when the United Kingdom’s economy is battling an energy crunch and is on the brink of a recession. On […]