OPINION/EDITORIAL

Nigeria’s Petroleum Bill Could Boost Long-Term Oil Production

August 4, 2021/Fitch Ratings The passage of Nigeria’s proposed Petroleum Industry Bill (PIB) could have positive long-term effects for both Nigeria’s public finances and oil & gas production, but the impact will depend on details of implementation, and the bill is unlikely to have a significant near- to medium-term impact […]

IMF SDR: Enough Respite in the Horizon?

August 4, 2021/CSL Research Coming as one more effort to support global economic recovery, the International Monetary Fund (IMF) has approved its largest allocation of Special Drawing Rights at US$650bn, as a means of supporting the long-term global need for reserves, building confidence, and fostering the resilience and stability of […]

Earnings Growth Key for Market Sentiments

August 4, 2021/United Capital Research Thus far the H1-2021 season for larger blue-chip stocks have been positive, as we delve deeper into the earning season, we retain our broadly positive outlook for listed Nigerian companies, particularly in the real sector of the economy. The elevated inflationary environment has given consumer […]