March 12, 2021/Cowry Asset Report Freshly released foreign trade statistics report showed that merchandise goods worth N32.42 trillion were traded in FY 2020, 10.32% lower than N36.15 trillion recorded in FY 2019. Of the total goods traded, value of exports decreased year-on-year (y-o-y) by 34.75% to N12.52 trillion in FY […]

March 12, 2021/OilPrice.com Despite a strong U.S. dollar, there is an unmistakably bullish sentiment in oil markets as demand comes back online and the vaccine rollout continues. Friday, March 12th, 2021 Oil prices regained lost ground towards the end of the week, as tight supplies are forcing a global drain […]

March 12, 2021/IMFBlog By Tobias Adrian, Thor Jonasson, Ayhan Kose, and Anderson Silva Paychecks for teachers, new hospital equipment, social assistance programs, and other public expenditures. All depend to large extent on governments’ ability to fund them. When governments—particularly those in emerging and developing economies—need money to pay these and […]