Culled—Proshare October 8, 2020 By FDC Ltd Fitch Ratings, one of the global credit rating agencies, recently revised Nigeria’s outlook to stable from negative while affirming the country’s credit rating at ‘B’. The revision reflects an improvement in the domestic economy following the gradual phasing out of lockdown restrictions and […]
OPINION/EDITORIAL
OPEC – Compliance or Bust?
Culled—-Proshare October 8, 2020 By FDC Ltd The Organization of Petroleum Exporting Countries (OPEC) and its allies (together called OPEC+) met on September 17, 2020 to reassess plans to further ease output curbs in the coming months, and to assess compliance levels amid wavering global demand recovery. The outcome […]
Nigeria Foreign Exchange – Stability In Diversity
Culled—Proshare October 7, 2020 By Vetiva Research SSA Currencies: Stability in diversity Risk-off sentiments, triggered by COVID-19, pummeled several emerging and frontier currencies in the first half of the year. Petro-currencies, such as the Nigerian Naira and the Angola Kwanza, had to endure even more pain as both currencies have […]
