November 27, 2020/United Capital Report Since the onset of the COVID-19 pandemic, foreign exchange markets have experienced a whirlwind of volatility as movement restrictions and a weakened global trade weighed on import and exports and oil prices. This, coupled with government debt selloffs by risk-off foreign investors, led to the […]
OPINION/EDITORIAL
PSBs as the Key to Driving Financial Inclusion?
November 24, 2020/Proshare CSL Research News reports say 9PSB, a Payment Service Bank (PSB) recently granted license to operate has commenced operations. Speaking at the launch, the Chief Executive Officer, 9PSP, Branka Mracajac noted that the 9PSB will aid the CBN’s financial inclusion goal. According to the report, that the […]
Oil Bulls Drive Prices Higher On Vaccine Success
November 24, 2020/OilPrice.com Chart of the Week – In August 2020, U.S. offshore production fell by the most on a monthly basis since September 2008, due to several hurricanes. – Offshore output fell by 453,000 bpd, or a decline of 27%. – Production fell to 1.2 mb/d for […]
