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Finance & Markets

A Bank Stock's Real Moat Is on the Deposit Side Of the Balance Sheet

Key PointsDeposits are not only extremely sticky, but they also come at lower costs relative to other sources of capital.

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UN names Nigeria among oil exporters set to benefit from higher energy prices

Nigeria is among the oil and gas exporters positioned to benefit from higher global energy prices, although rising refined fuel costs could offset some of the gains.

  • UNCTAD reports Nigeria among oil exporters benefiting from higher energy prices
  • Conflict in Middle East drives global energy price increase
  • Insufficient domestic refining capacity could offset benefits

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