(Credit: MoriMori / AdobeStock) April 17, 2024/INFBlog By Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro, Jiae Yoo The global economic and financial outlook has improved in the last six months. Inflation has fallen, financial conditions have eased, and risks to the outlook are balanced. However, many countries continue to struggle with high public debt […]

April 17, 2024/CSL Research On 3 April, the Nigerian Electricity Regulatory Commission (NERC) announced a rise in electricity tariffs for customers receiving a minimum of 20 hours of power daily. Specifically, the tariff for Band A customers surged from N68 per kilowatt-hour to N255/KWh. Earlier, in January 2024, NERC introduced […]

April 16, 2024/CSL Research Nigeria’s public debt has been growing steadily in recent years, reaching a significant level of N97.34tn (US$108.23bn pegged at N899.39/$) as of 31 December 2023, according to the Debt Management Office (DMO). The total public debt stock includes the combined domestic and external borrowings of the […]