(Credit: Lena Mucha/IMF Photo) April 28, 2023/IMFBlog By Alfred Kammer Following a strong exit from the pandemic, Europe was hit hard by the economic impact of Russia’s invasion of Ukraine. Growth slowed drastically, inflation shot up, and episodes of financial stress materialized. But as a result of decisive policy action, […]

April28, 2023/CSL Research This Day newspaper reports that the National Economic Council (NEC) has advised that plans to remove the long-standing fuel subsidy be put on hold pending the conclusion of all preparatory plans with various segments of government and the incoming administration. The Minister of Finance, Budget and National […]

April 27, 2023/CSL Research According to a report from the Nigerian Bureau of Statistics (NBS), the retail prices of diesel and petrol increased significantly by 55.9% and 42.6% respectively in March 2023 compared with March 2022. The average retail price of diesel also called Automotive Gas Oil (AGO) paid by […]