December 22, 2020/Proshare By FBNQuest Research The gross monthly distribution by the Federation Account Allocation Committee (FAAC) to the three government tiers and eligible agencies amounted to NGN601bn (USD1.53bn) in December (from November revenue), This was NGN3bn lower than the previous month’s payout: the earlier distribution, however, included a drawing […]

December 29, 2020/Coronation Weekly 2020 was dominated by the Covid-19 pandemic, the crash in commodity prices and the global recession. Right? Not quite. Looking back over the past 12 months in Nigeria we reason that domestic factors have driven Nigeria’s financial markets: the intentional crashing of market interest rates, and […]

By Tom Kool – Dec 29, 2020 Culled—Oilprice.com Chart of the Week –    Oil is once again trapped between vaccine optimism and near-term pandemic pessimism.  –    Vaccinations began across the EU in recent days, but there are signs of an economic hit in Asia on an uptick in infections.  –   […]