OPINION/EDITORIAL

Russia-Ukraine Crisis; A Big Push to Inflation for as long as the Crisis Persists

March 10, 2022/CSL Research Brent oil price is still on the rise, closing yesterday at US$111.14/bbl as the Russian Ukraine crisis continues. The rise in global crude oil prices has been pushing up the cost of Automotive Gas Oil (diesel); JetA1, otherwise called aviation fuel; as well as Premium Motor […]

Greenfield investments in Uganda’s oil and market will help increase overall capital expenditure between 2022 and 2025

Greenfield investments in Uganda’s oil and market will help increase overall capital expenditure between 2022 and 2025. Image credit: AEC. March 10, 2022/AEC According to the African Energy Chamber’s (AEC) Q1 2022 Outlook, The State of African Energy, as the region sees relatively increased sanctioning activity, 2022-2025 cumulative capital expenditure […]

Modest Expansion in Private Sector Credit

March 9, 2022/CSL Research The Central Bank of Nigeria (CBN) has sustained efforts to push more credit to the  economy. Based on the recently released money and credit statistics, lending to the private sector was up 0.7% m/m, reaching another high of N35.5tn in January 2022 from N35.2tn as of […]