OPINION/EDITORIAL

Nigeria’s Total Public Debt Still Rising

March 25, 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 […]

Pre-MPC March 2024 Meeting: More Rate Hikes Ahead

March 22, 2024/Cordros Report The Monetary Policy Committee (MPC) has slated its second meeting of the year for 25th and 26th of March, deviating from its usual schedule (MPC typically convenes bi-monthly). The meeting follows on from the February meeting when the Committee implemented a 400 basis points hike of […]

Hopes of a Gaza Ceasefire Are Putting Oil Prices Under Pressure

March 22, 2024/Oilprice Tom Kool Editor, Oilprice.com Renewed hopes of a ceasefire in Gaza and U.S. efforts to halt Ukrainian attacks on Russian refineries have added some downward pressure to oil prices. Despite this downward pressure, bullish sentiment continues to build in oil markets. Friday, March 22nd 2024 A potential […]