OPINION/EDITORIAL

Petrol Subsidy to Remain till June 2023

September 1, 2022/CSL Research Amidst the lingering fiscal constraints, the Federal Government has disclosed plans to retain the petrol subsidy till June 2023. This was made known by the Minister of Finance, Budget and National Planning, Zainab Ahmed, while appearing before the House of Representatives Committee on Finance in Abuja, […]

Manufacturing Sector Records 3.0% Y/Y Output Gain in Q2-22

August 31, 2022/United Capital Research The manufacturing sector continued in a positive performance, albeit slower than its performance in Q2-2021, owing to extended pressure on the overall cost of production. The Manufacturing sector retained a significant contribution to the country’s overall output in Q2-22, contributing c.8.6% to real y/y growth […]

CBN Auctions N446.15Bn at Higher Cost in August 2022

August 31, 2022/CSL Research In the month of August 2022, the Central Bank of Nigeria (CBN) sold a total of N446.15bn in Treasury bill auctions. This was 9.47% higher than the N407.55bn allotted in June.  Specifically, for the 91-day tenor, the CBN sold a total of N3.43bn in August 2022 […]