OPINION/EDITORIAL

Global Debt Reaches a Record $226 Trillion

(PHOTO: ORLA/ISTOCK BY GETTY IMAGES) December 15, 2021/IMFBlog By Vitor Gaspar, Paulo Medas, and Roberto Perrelli Policymakers must strike the right balance in the face of high debt and rising inflation. In 2020, we observed the largest one-year debt surge since World War II, with global debt rising to $226 trillion as the […]

A Rise in CIT Collections in Q3 2021

December 15, 2021/Proshare by FBNQuest Research  Today’s chart is drawn from data on company income tax (CIT)  produced by the National Bureau of Statistics (NBS) in conjunction with the Federal Inland Revenue Service (FIRS). The data show that total CIT collections for Q3 ’21 grew by 14% y/y to c.NGN473bn. […]

Oil Prices: Uncertainties Linger amid Omicron Variant

December 15, 2021/United Capital Research After coming under intense pressure in recent weeks, the oil market has somewhat rebounded, and oil prices have regained upward momentum. Notably, Brent crude, the global oil benchmark, saw a significant drawdown of 20.2% from the 2021 high of $86.40/b set on 26th Oct 2021 to […]