OPINION/EDITORIAL

Decent Growth in the Assets of PFAs

July 28, 2023/Coronation Research According to the latest monthly report released by Nigeria’s Pension Commission (PENCOM), the assets under management (AUM) of the regulated pension industry increased by 17.5% y/y to N16.8trn in June ’23. On a m/m basis, the AUM increased by 6.3%. We note that FGN debt securities […]

Inflation Remains Risk Confronting Financial Markets

(Credit: Blue Planet Studio/Adobe Stock) July 27, 2023/IMFBlog By Tobias Adrian, Fabio Natalucci, Jason Wu Overall inflation has moderated meaningfully in recent months in the United States and euro area, as energy and food prices have fallen significantly. Year-on-year headline inflation is now around 3 percent in the United States and below 5.5 […]

Refined Crude Oil Products Prices Likely to Remain Unstable

July 27, 2023/CSL Research The National Bureau of Statistics (NBS) reported that the average price for Premium Motor Spirit (PMS) advanced by 129.23% m/m and 210.31% y/y to N545.38/litre from the average price of N238.11/litre and N175.89/litre in May 2023 and June 2022 respectively. The average price of National Household […]