May 17, 2021/Fitch Ratings The outlook for Nigerian banks’ credit fundamentals has stabilised since the initial economic shock from the pandemic, Fitch Ratings says in a new report. Profitability and capitalisation have held up and asset-quality deterioration is contained, at least for now. That said, all Nigerian banks’ ratings are […]
OPINION/EDITORIAL
Building Forward Better: Toward A Fairer Post-Pandemic World
Managing Director Kristalina Georgieva’s Remarks at the Pontifical Academy of Sciences May 14, 2021/IMF 1. Introduction Monsignor Sanchez Sorondo, President Von Braun, President Zamagni, distinguished ministers and guests: it is truly an honor and a great joy to join you today in person, as we emerge from an unprecedented crisis. […]
Oil Prices Rebound As Global Oil Glut Drains
May 14, 2021/OilPrice.com Oil prices rebounded on Friday morning as inflation fears fade and the global supply glut slowly drains, although the IEA did revise its demand projection downward. Friday, May 14th, 2021 Oil prices rebounded on Friday after a midweek selloff. Neither the bullish nor bearish narratives are taking […]
