March 15, 2022/OilPrice.com Chart of the Week – In spite of the IEA claiming that Europe could essentially halve its dependence on Russian gas imports within a year, March gas flows have so far averaged 30% higher than February.   – Leading oil majors Shell, BP, and Equinor announced they […]

March 15, 2022/Proshare by CardinalStone Research Russia’s military action on Ukraine and associated sanctions have sent commodity prices soaring, with Brent crude oil price reaching $139.9/bbl, the highest level since July 2008. Historically, rising crude oil price is usually a bittersweet pie for Nigeria, as an expensive PMS subsidy regime […]

March 15, 2022/Proshare by FBNQuest Research At its meeting in January, the monetary policy committee (MPC) voted unanimously to maintain its policy rate at 11.5% and keep all other parameters unchanged. The minutes of the MPC meeting published by the CBN last week provide insight into the committee members’ thoughts. […]