September 2, 2022/OilPrice.com Crude prices bounced on Friday, recuperating some losses as China’s COVID lockdowns become the main narrative in oil markets again. Friday, August 26th, 2022 Chinese weakness has become the key talking point of the past week. First, the country’s PMI index for August recorded a mere 49.4, […]
OPINION/EDITORIAL
Low Base in the Prior Period Magnifies Y/Y Growth in Foreign Inflows
September 2, 2022/CSL Research Analysis of the recently released data by the National Bureau of Statistics (NBS) on capital importation for Q2 2022 revealed that the total amount of foreign investment inflows into the Nigerian economy increased by 75.3% y/y to US$1.5bn in Q2 2022 from US$875.6m in Q2 2021. […]
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, […]
