May 17, 2022/OilPrice.com Chart of the Week – Chinese refinery runs have dropped to their lowest in the country’s post-pandemic history, declining a whopping 1.2 million b/d month-on-month to a monthly average of 12.6 million b/d. – As the Shanghai lockdown was supplemented by restrictions in other key demand hubs, […]
OPINION/EDITORIAL
NGX ASI takes a divergent stance from significant global equites
May 17, 2022/United Capital Research So far this year, we have witnessed a clear case of divergence between the domestic and global equity markets. At the close of trading on Monday, the NGX-All Share Index (NGX-ASI) Year-to-Date (YTD) had returned 23.9% and is currently over the psychological 50,000-level for the […]
Nigeria April 2022 CPI: Base Effects Introduce Fresh Risks to Inflationary Pressures
May 16, 2022/Cordros Report In line with the lingering impact of higher transport costs and increased food demand-supply imbalance, consumer prices maintained an uptrend for the third consecutive month. According to the National Bureau of Statistics (NBS), headline inflation increased by 90bps to 16.82% y/y in April – its highest […]
