August 10, 2021/United Capital Research In the past week, the Federal Executive Council (FEC) approved transaction advisers for the proposed $6.2bn (N2.3tn) worth of Eurobond issuance which is expected to be concluded by early Q4-2021, in a bid to cover part of the 2021 budget deficit of N6.8tn. In addition, […]

August 10, 2021/IMFBlog By Vitor Gaspar and Gita Gopinath Differences in vaccine access and the ability to deploy policy support are creating a growing divergence between advanced economies from many emerging market and developing economies. Faced with high deficits and historic levels of debt, countries with limited access to financing […]

August 9, 2021/Proshare by FBNQuest Research   Our chart below is drawn from the CBN’s most recent data on the balance of payments (BoP) for Q1 ’21.  The chart shows that the financial accounts of the BoP improved to a net surplus (net inflow) of c. USD7.9bn (7.9% of GDP) […]