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 […]
OPINION/EDITORIAL
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, […]
Oil Prices Crash As Covid Does What Biden Couldn’t
November 26, 2021/OilPrice.com Renewed Covid fears have managed to do what Biden couldn’t, sending oil prices crashing as a new wave of demand destruction looms. Friday, November 26th, 2021 Oil prices experienced one of their worst trading days in recent memory on Friday, plunging across the board by over 10% […]

