June 22, 2020/AEC By NJ Ayuk As African oil and gas countries struggle with Covid-19’s devastating impact on demand, two international groups seem to be celebrating it. Earlier this month, the Organisation for Economic Co-operation and Development (OECD) and the International Energy Agency (IEA) described the low oil prices caused by […]

Culled—Proshare June 22, 2020 By Afrinvest Research The 2-week bearish streak in the NT-Bills secondary market came to a halt last week following renewed buying interests as a result of a robust system liquidity (c.N600.0bn long as at Thursday) due to inflows from OMO maturities, disbursements from the Federation Accounts […]

June 22, 2020/IMFBlog By Sonja Davidovic, Delphine Prady and Herve Tourpe The practical challenge of quickly getting financial support in the hands of people who lost jobs amid the COVID-19 economic crisis has baffled advanced and developing economies alike. Economic lockdowns, physical distancing measures, patchy social protection systems and, especially […]