August 8, 2023/Coronation Research What lessons can we draw from commodity markets this year? Global equity markets have been hot (particularly in the US), but commodity markets have been cold, with key soft commodities like wheat, maize, palm oil and rubber trending down. Oil has recovered in recent weeks, but […]

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 […]

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 […]