June 27, 2024/FBNQuest Research We continue discussing the Federal Government of Nigeria’s (FGN) public debt profile, focusing on debt service. According to data from the Debt Management Office (DMO), the FGN’s domestic debt service increased by 13% Y-o-Y to N989bn in Q1 2024. The figure marks the highest domestic debt […]
OPINION/EDITORIAL
The All-Commodity Terms of Trade (ToT) Index
June 27, 2024/CSL Research According to the Commodity Price Indices and Terms of Trade for Q1 2024 released by the Nigerian Bureau of Statistics (NBS), the All-Commodity Group Import Index for Q1 2024 was up by 0.51% between January 2024 – March 2024. This rise was primarily attributed to increases […]
Sovereign Debt Restructuring Process Is Improving Amid Cooperation and Reform
(Credit: Andrew Caballero-Reynolds/IMF Photo) June 26, 2024/IMFBlog By Ceyla Pazarbasioglu The global economy avoided what could have been a systemic debt crisis during the turbulence of recent years, but vulnerabilities remain amid high debt servicing costs that pose an important challenge for low and middle-income countries. Some may yet confront major […]
