June 8, 2021/OilPrice.com Chart of the Week – More than half of Vietnam’s electricity comes from coal. – But renewables are growing quickly, and now make up 5% of the total. – Vietnam plans on adding nearly 18 GW of solar over this decade but will need to build out […]
OPINION/EDITORIAL
Oil Prices and FX Reserves
June 8, 2021/Proshare by Coronation Research One can almost hear the sigh of relief coming from Abuja. Oil prices are up and the immediate threat to the nation’s foreign exchange reserves has receded. Markets (long-dated bonds and equities) have responded positively. However, inflation is still far above risk-free rates and […]
FX Trades Double as CBN Restores Transparency in the Nigerian FX Market
June 8, 2021/Proshare By FMDQ …Authorised Dealers Commence Trading and Reporting of FX Transactions on FMDQ System The Central Bank of Nigeria (CBN) has displayed its commitment towards the development of the foreign exchange (FX) market and indeed, the Nigerian financial market, as the apex bank, in collaboration with FMDQ […]

