OPINION/EDITORIAL

Omicron Increases Growth Risks and Policymaking Challenges

November 29, 2021/Fitch Ratings It is too soon to incorporate the effects of the Omicron coronavirus variant into our economic growth forecasts until more is known about its transmissibility and severity, Fitch Ratings says. We currently believe that another large, synchronized global downturn, such as that seen in 1H20, is […]

Nigeria Covid-19 Update: Weighing the Risks of Omicron

December 2, 2021/United Capital Research Recent reports of a new coronavirus strain named “Omicron” have coursed through global markets, amid a continuous increase in Covid-19 cases in Europe. First discovered in South Africa, cases have since been recorded in Belgium, Botswana, Israel, and Hong Kong, Nigeria, among others. In a […]

Manufacturing GDP: Positive, but Already Expected

December 2, 2021/CSL Research Analysis of the Q3 2021 GDP report showed the manufacturing sector’s real GDP grew by 4.29% y/y. Since the start of the year, the sector amassed positive growth following the contraction witnessed in 2020. Reasons for such growth could be partly attributed to the low base […]