November 29, 2021/Proshare by FBNQuest Research  The CBN’s latest monthly economic report for July ’21 shows that the federation’s gross revenue improved 36% y/y and 39% m/m to almost NGN1.1trn. The gross amount collected was also around 4% higher than the pro-rata monthly budget benchmark. After deductions, the total amount […]

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 […]

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 […]