OPINION/EDITORIAL

The Oil Price Rally May Have Gone Too Far

June 12, 2020/OilPrice.com Oil prices are set for their first weekly loss in over a month as a jump in COVID-19 cases threaten the economic recovery while oil supply continues to come back online. Friday, June 12th, 2020 Oil is set for the first weekly decline in over a month, […]

Helping Bangladesh Recover from COVID-19

IMF Country Focus June 12, 2020/IMF One of the most densely populated countries in the world, Bangladesh exemplifies the triple blow that many emerging market countries have suffered from COVID-19: domestic slowdown caused by the disease and the efforts to contain its spread; a sharp decline in exports, particularly in […]

Nigeria Records Foreign Trade Deficit of N0.14 trillion as Crude Oil Exports Decline in Q1 2020

June 11, 2020/Cowry Asset Report  Freshly released foreign trade statistics report showed that merchandise goods worth N8.30 trillion were traded in Q1 2020, 17.94% lower than N10.12 trillion recorded in Q4 2019 (but 0.80% higher than N8.24 trillion printed in Q1 2019). Of the total goods traded, value of exports […]