April 30, 2024/FBNQuest Research Discussing Nigeria’s debt profile and focusing on the Debt Management Office’s (DMO) external debt service data shows that the federal government of Nigeria’s (FGN’ s) total external debt obligations fell by US$447.5m (-32% q/q) to US$943.2m in Q4 ’23. The total debt service cost comprises market-related […]
OPINION/EDITORIAL
WTI Finds Support After Sell Off Suddenly Halts
April 30, 2024/Oilprice.com Tom Kool Editor, Oilprice.com WTI crude found resistance at $81 per barrel this morning, countering a sell-off as traders discount geopolitical risk. Despite Strong Production Momentum, US Oil Majors Fail to Impress – ExxonMobil and Chevron reported a combined net profit of $13.7 billion in their Q1 […]
Harnessing Sub-Saharan Africa’s Critical Mineral Wealth
Photo Credit: mabus13/iStock by Getty Images IMF COUNTRY FOCUS April 29, 2024/IMFBlog From electric vehicles to solar panels to future innovations, the global transition to clean energy is set to further heighten demand for critical minerals. Between 2022 and 2050, demand for nickel will double, cobalt triple and lithium rise […]
