January 17, 2025 By InvestAdvocate In a stark contrast to its storied dominance in Nigeria’s financial landscape, Guaranty Trust Holding Company (GTCO) has suffered a stinging blow, reporting a 48% under-subscription in its recent capital raise exercise. The institution, once celebrated as a market leader, aimed to secure ₦400.5 billion […]
OPINION/EDITORIAL
Gaza Ceasefire Halts the Oil Price Rally
January 17, 2025/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices have stopped rallying as a ceasefire agreement between Israel and Hamas could lead to the end of the Houthi bombardments of the Red Sea, but prices are still set to end the week with a gain. The recent relentless oil price […]
As One Cycle Ends, Another Begins Amid Growing Divergence
(Credit: George Clerck/iStock by Getty Images) January 17, 2025/IMFBlog By Pierre-Olivier Gourinchas We project global growth will remain steady at 3.3 percent this year and next, broadly aligned with potential growth that has substantially weakened since before the pandemic. Inflation is declining, to 4.2 percent this year and 3.5 percent […]
