August 12, 2021/CSL Research Based on a recent report from SBM Intelligence, the three refineries at Kaduna, Warri, and Port Harcourt have incurred a combined loss of N473.3bn between 2015-2021. Interestingly, the three refineries have yet to refine any crude product since 2019 and have made c. N185.0bn in losses […]
OPINION/EDITORIAL
Putting Public Investment to Work
CHART OF THE WEEK August 11, 2021/IMFBlog By Mariano Moszoro For countries on the path to recovery, reviving economic activity is a major priority. And what better way to support a come-back than by creating jobs. Our new IMF staff research shows that when governments spend on infrastructure, they create […]
A Sharp Fall in the CBN’s Supply of FX
August 11, 2021/Proshare by FBNQuest Research FX flows through the CBN give a reasonable sense of foreign-exchange availability and administrative changes in the market by the central bank. Data for January 2021 show inflows of USD1.73bn and outflows of USD2.83bn. The point of interest is not the net deficit, which […]
