OPINION/EDITORIAL

World Bank Worries Over Rising Global Food Prices

April 5, 2024/FBNQuest Research The World Bank, in its recent publication of the Food Security report, provided an outlook on agricultural commodities globally. Specifically, the report provides current developments and expectations for the global agricultural market and highlights regional peculiarities. Citing severe food insecurity in some regions, particularly in Africa, […]

Public Debt on the Rise

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 […]

Brent Breaks Above $91 as Bullish Sentiment Builds

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 […]