OPINION/EDITORIAL

Dip in Crude Oil Price; Perpetuating the Concerns of a Frail Economy

November 29, 2021/CSL Research The Brent futures traded at US$72.81 per barrel on 26 November 2021. According to Reuters, the dip in price of BRENT was driven by concerns around a surplus in Q1 2022 following the uptick in the number of countries that are instituting lockdown measures on the […]

Inflation Is a Greater Policy Test for Emerging-Market Sovereigns

November 25, 2021/Fitch Ratings Higher inflation is generally credit negative for sovereigns, but presents particular risks for emerging markets (EMs), as they often face higher and more volatile inflation than developed markets (DMs), and are exposed to greater currency instability, says Fitch Ratings. Fitch believes global goods price pressures will […]

Subsidy Removal: N5,000 Stipend versus SURE-P

November 26, 2021/CSL Research The Minister of Finance, Budget and National Planning, Zainab Ahmed, on November 24th, 2021 after the FEC meeting spoke more on the proposed N5,000 monthly transportation grant the federal government plans to give poor Nigerians after the removal of fuel subsidy in June 2022. According to the minister, […]