April 5, 2024/Coronation Research According to Nigeria’s Debt Management Office (DMO), total public debt increased by 10.7% q/q or N9.4trn to N97.3trn at end-December ’23. On a y/y basis, public debt increased by 110.5%. As at end-December’23, public debt was equivalent to 42.3% of 2023 nominal GDP. This is above […]

April 5, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices rallied this week as geopolitical risk and supply issues added to bullish sentiment, although concern that the Fed might not cut interest rates this year could counter that sentiment. Friday, April 5th 2024 Aided by a whirlwind of bullish news, Brent prices […]

April 5, 2024/Coronation Research Ready or not – Nigeria’s economic outlook presents mixed signals.   Will it be a year of cautious optimism or one that tests our resilience?  Let’s explore the twists and turns that lie ahead together. Our 2024 outlook predicts a smooth rise in the global economy, […]