June 19, 2026/CSL Report Nigeria recorded a significant improvement in its external sector performance in the first quarter of 2026, with the current account surplus rising by 255.7% quarter-on-quarter (q/q) to US$4.98bn from US$1.40bn in the preceding quarter. According to the Central Bank of Nigeria’s Balance of Payments report, this […]
OPINION/EDITORIAL
Why Oil Prices Are Falling Even as Tankers Remain Trapped
June 19, 2026/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices tumble as markets bet on a Hormuz reopening despite slow tanker movements following the U.S.-Iran ceasefire. Friday, June 19, 2026 The signing of the US-Iran ceasefire agreement might provide a 60-day evacuation window for all crude tankers stuck since March in […]
The Energy Shock Is Testing Government Budgets
(Credit: K M Asad/IMF Photo) New policy tracker shows many governments pursuing costly responses to fuel and food price hikes, leaving less room to address future challenges June 18, 2026/IMFBlog Era Dabla-Norris, Christian Mumssen, Rodrigo Valdés, Daria Zakharova As governments move quickly to shield people and businesses from the energy shock caused by […]
