OPINION/EDITORIAL

Metals Demand from Energy Transition May Top Current Global Supply

Image Credit: IMFBlog December 8, 2021/IMFBlog By Nico Valckx, Martin Stuermer, Dulani Seneviratne, and Ananthakrishnan Prasad Firm, market, and country level factors may weigh on metals production under a net-zero scenario. The clean energy transition needed to avoid the worst effects of climate change could unleash unprecedented metals demand in coming decades, requiring as much […]

Trade Deficit: A Gift that Keeps on Giving

December 8, 2021/CSL Research The Nigerian Bureau of Statistics (NBS) in its recently released trade statistics revealed that the trade deficit in the third quarter (Q3 2021) of the year rose to N3.02tn from N1.87tn recorded as of Q2 2021. Total trade of N13.28trn grew 10.4% q/q from N12.08tn in […]

Q3-2021 Terms of Trade Report; Deficit Worsens

December 8, 2021/United Capital Research Earlier in the week, the National Bureau of Statistics (NBS) released the Terms of trade report for Q3-2021. The report showed that total trade in merchandise increased by 58.6% y/y in Q3-2021 and 10.4% q/q (from Q2-2021). The increase in total trade in merchandise comes […]