In Your Interest
February 27, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices continue to trade in a very narrow bandwidth with ICE Brent still hovering around the $83 per barrel mark, with traders anticipating potentially impactful US economy data coming in later this week – first the US personal consumption expenditures readings, followed […]
February 27, 2024/FBNQuest Research The gross monthly distribution by the Federation Allocation Committee (FAAC) to the three tiers of the government amounted to NGN1.2trn (USD816.8m) in February (from January revenue). The disbursement represents a slight increase of +2% m/m from the previous month’s gross payout. Compared with the previous month, […]
February 27, 2024/United Capital Research During today’s Monetary Policy Committee (MPC) meeting, the Committee deliberated on the following macroeconomic concerns: The persistent inflationary pressures within the Nigerian economy. Escalating inflationary pressures across the global economy. Volatility in foreign exchange rates. Confidence levels of foreign investors in the Nigerian economy. Inflows […]