December 4, 2024/CSL Research The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt refinery is operational, with a production capacity of 60,000 barrels per day. The refinery is currently producing refined petroleum products such as diesel, kerosene, and naphtha, according to PENGASSAN […]
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Intraday Update: Nigerian Stocks Inch Up +0.49%, Buoyed by Blue Chips
December 4, 2024/InvestmentOne Update ASI as at 12.00pm: +0.49% Top Gainers and Losers: TIP (+9.72%), FTNCOCOA (+9.50%), HMCALL (-9.15%) and DAARCOMM (-8.93%). Sector Performances: Oil & Gas (+3.12%), Industrial (+0.86%), Banking (+0.02%) and Consumer Goods (-0.62%). Market activity: In today’s trade, total volume and value decreased by 74% and 38% […]
A Year in Review: A Tale of Two Supply Shocks
December 3, 2024/US Federal Reserve By Governor Adriana D. Kugler Thank you, Jason, and thank you for the opportunity to speak here in Detroit today.1 This visit has allowed me to see the many encouraging signs in this region: growth here in downtown; the area’s famously hard-working labor force; and […]
