April 3, 2020/United Capital Report According to data from Africa Centres for Disease Control and Prevention (Africa CDC), the total number of confirmed COVID-19 cases in Africa as at the end of April 1, stood at 6,213 across 49 African countries with 221 deaths and 469 recoveries. Also, regional analysis […]

April 3, 2020/Cordros Report Nigeria’s current account (CA) position sustained its deficit run for the sixth consecutive quarter in Q4-19 (+157% q/q). We highlight that the absolute CA deficit of USD6.97 billion translates to 5.3% of GDP – representing the highest point in history. Analysing the breakdown, we note that […]

Culled—Proshare April 2, 2020 By Moody’s Investors Service                                                                               Losses in fiscal revenue by more than 10% of GDP for most exposed sovereigns Large sovereign assets will provide a degree of resilience for some The severity of the credit impact of lower oil prices on oil- and gas-producing sovereigns will […]