Daily Archives: December 16, 2019

  • Nigerian Oil Production

    Last week the Organization of the Oil Exporting Countries decided to cut production quotas again, this time with Nigeria very much in mind. Nigeria’s level of oil production is not entirely in its own hands. FX The CBN’s foreign exchange reserves have shed US$381.40 million so far in December, bringing the gross figure to US$39.32 …

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Year Ahead-Re-risking the financial system

Year Ahead 2020: Re-risking the financial system

Oil prices: In a global oil market threatened with over-supply, it appears that OPEC, and its ally Russia, are doing a good job of limiting production.