June 27, 2023/CSL Research Based on the recent data released by the Debt Management Office (DMO), Nigeria’s total foreign debt for the period ending 31 March 31st, 2023, rose to N49.85 trillion (US$108.30 billion) from N46.25 trillion as of 21 December 2022. CBN official exchange rate of N460.35/US$1 as at […]

(Credit: World Meteorological Organization) June 27, 2023/IMFBlog By Alejandro Guerson, James Morsink and Sònia Muñoz The Caribbean is the most exposed region to climate-related natural disasters, with estimated adaptation investment needs of more than $100 billion, equal to about one-third of its annual economic output. Moreover, with electricity largely generated using fossil fuels, […]

June 27, 2023/OilPrice.com Tom Kool Editor, Oilprice.com Oil prices fell on Tuesday morning as markets continued to focus on sluggish U.S. demand despite geopolitical uncertainty in Russia and promises of more robust economic stimulus measures from China. Chart of the Week – The review of OPEC+ production quotas at the […]