June 7, 2022/P+ Measurement Services Business conditions in Nigeria’s private sector strengthened in May, but the rate of improvement slowed from April. Softer uplifts were recorded in output, new orders, purchasing activity and input inventories. That said, new orders continued to rise sharply which prompted a quicker expansion in headcounts. […]
OPINION/EDITORIAL
Upward Pressure On Oil Prices Is Only Going To Increase
June 7, 2022/OilPrice.com Chart of the Week – Merely a couple of days after OPEC+ sped up the pace of production increases, Saudi Aramco hiked its July formula prices for Asian buyers to higher-than-expected levels, stoking concerns that supply might be lower than expected. – The July ’22 OSP for […]
Foreign Investments: Capital Importation Declines 17.5% y/y in Q1-2022
une 7, 2022/United Capital Research The National Bureau of Statistics (NBS) recently released Nigeria’s Capital Importation report for Q1-2022. Accordingly, we observed that total imported total capital declined 28.1% q/q and 17.5% y/y to $1.6bn in Q4-2021, from $2.2bn to $1.9bn in Q4-2021 and Q1-2021. A deeper dive into the […]
