Strategic deep pocket activities that shaped economy last week ending June 16
Just like two weeks ago, last week started with the National Bureau of Statistics (NBS), releasing Nigeria’s headline consumer price index which recorded its sixteenth consecutive deceleration, moderating to 11.61% y/y (compared to 12.48% in April 2018). On month-on-month basis,…
No buyers for Nigerian crude as oil cargoes keep hovering on high seas?
At a time July consignments are lining up, oil grades continued to struggle, weighed down by a surplus of unsold June loading cargoes. International reports say some 20 cargoes remained from the June loading programme, out of a total of…
