August 8, 2023/IMFBlog (Credit: Olaser/iStock by Getty Images) By Tobias Adrian, Hiroku Oura Interest-rate increases by global central banks to contain the biggest inflation outbreak in four decades generated strains for banks in the United States and Europe this year. Rate hikes are generally positive for lenders if they can […]
OPINION/EDITORIAL
Nigeria’s Fiscal Deficit Position Widens to N4trn in Q1 2023
August 7, 2023/FBNQuest Research Today, we examine the federal government of Nigeria’s (FGN) fiscal operations. According to the CBN’s most recent Quarterly Statistical Bulletin, the FGN’s fiscal operations resulted in a fiscal deficit -NGN4.0trn in Q1 ’23. This compares unfavourably with a deficit of -NGN2.0trn in the previous quarter and […]
Gas Flaring Still on the Rise in H1 2023
August 7, 2023/CSL Research Based on the data extracted from the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill Detection and Response Agency, NOSDRA, oil and gas companies in the country flared 138.7million metric standard cubic feet of gas in H1 2023, a 10% rise from 126.1million […]

