July 8, 2024/CSL Research Except for our views on the exchange rate, our macroeconomic forecasts at the start of the year have tracked well. We believe that the Naira will not show significant appreciation in the official market in the latter half of the year, although we expect less volatility. […]
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UBA’s GMD Appointed Chairman, CIBN Body of Banks’ CEOs
July 8, 2024/UBA Plc The Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of the Chartered Institute of Bankers of Nigeria (CIBN) Body of Banks’ CEOs. The CIBN announced this appointment on its website on Monday, July 8, 2024. […]
Nigeria’s Crude Oil Production Still Subdued
July 2, 2024/CSL Research According to data from the National Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s crude oil production, including condensates, rose by 1.46% month-on-month to 1.49 million barrels per day (mbpd) in May 2024 from 1.45 mbpd in April 2024. However, excluding condensates, production decreased to 1.25mbpd from 1.28mbpd […]

