June 30, 2023/CSL Research According to the World Bank, Nigeria has one of the highest inflation rates, which has pushed an estimated four million people into poverty between January and May 2023. The Washington-based lender also warned that about 7.1 million poor Nigerians would become poor if the Federal Government […]
OPINION/EDITORIAL
Nigeria’s Public Debt Rises to N49.85 Trillion in Q1 2023
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 […]
Caribbean Climate Crisis Demands Urgent Action by Governments and Investors
(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, […]
