OPINION/EDITORIAL

External Debt Service Under Control

Culled—Proshare September 18, 2020 By FBNQuest Research Total debt service on the FGN’s external obligations amounted to US$287m in Q2 2020, divided between US$157m and US$130m on market and non-market debt. This was US$35m above the year-earlier period. The cost has risen because the FGN has increased its borrowing through […]

IMF Lending During the Pandemic and Beyond

September 17, 2020/IMFBlog By Robert Gregory, Huidan Lin, and Martin Mühleisen In the face of unprecedented uncertainty and the severe economic impact triggered by COVID-19, the Fund continues to adapt its lending. At the same time, it aims to ensure realistic targets, uphold the credibility of programs, and foster national […]

Hurricane Outrages Provide Temporary Relief For Oil Markets

September 15, 2020/OilPrice.com Chart of the Week –    The U.S. exported 5.2 billion cubic feet of natural gas per day (bcf/d) in 2019, up from 0.3 bcf/d in 2017. –    In the first three months of 2020, LNG exports averaged 7.9 bcf/d, a 98 percent increase year-on-year. –    But […]