Crude Oil sells at 59.91dpb as Prices Creep. Will OPEC Act?
Bonny light gained 0.79 on Tuesday to sell at 59.91dpb. This is 1.34% appreciation from 59.12dpb which it previously sold Friday. The commodity price has crept below 60dpb for the…
Bonny light gained 0.79 on Tuesday to sell at 59.91dpb. This is 1.34% appreciation from 59.12dpb which it previously sold Friday. The commodity price has crept below 60dpb for the…
The volume of the Bonny Light produced in August stood at 1,905mbd. This is 4.09 percent increase from the 1.827mbd produced in July. This is according to the OPEC Monthly…
The Capital Importation into Nigeria has fallen by 31.41% in the Q2 2019 to a total $5,820.21m as against $8,485.49 million recorded in the Q1 2019. The figure represent 5.56%…
Nigeria imported goods from China worth N1,020.6 Trillion representing 25.47% of total imports in the second quarter of 2019. This is as contained in the report on Foreign Trade in…
G rowth in the non-oil sector performed dismally by –0.40% points at (1.64%) in Q2 2019 offsetting the growth of 5.15% in the oil sector to put the overall growth…
A total sum of N311.94bn was generated as VAT by the different sectors of the economy in Q2 2019 as against N289.04bn generated in Q1 2019 representing an increase of…
N igeria supplied 1.827 mbd of crude oil in July according to the August edition of the OPEC Monthly Oil Market Report. Based on data from secondary source, the figure…
T he Nigerian Gross Domestic Product growth have experienced further decline by -0.16 percent from the first quarter growth. This is according to the report released by the National Bureau…
T he nation’s external reserve has taken a downturn to USD43.67bn as at 29th August after losing $1.23bn within 29 days. The data posted by the Central Bank of Nigeria…
T he Debt Management Office (DMO) issued N59.53 billion FGN Bonds for the three (3) Tenors offered to various investors who subscribed. This was at the August 2019 FGN Bond…