(Credit: Peeterv/iStock by Getty Images) April 12, 2023/IMFBlog By Francesca Caselli, Vitor Gaspar, Gee Hee Hong, and Paulo Medas Three years since the outbreak of the pandemic, fiscal policy has moved a long way toward normalization. Governments have withdrawn exceptional fiscal support, and public debt and deficits are falling from record levels. That’s […]

April 12, 2023/FBNQuest According to the Debt Management Office’s (DMO) most recent quarterly data series on Nigeria’s public debt, the country’s stock of external debt increased by USD2.0bn (+5% q/q) from the previous quarter to USD 41.7bn in Q4 ’22. Measured on a y/y basis, the rise in external debt […]

April 12, 2023/Coronation Research Savings rates at the moment offer returns not seen in months. We did not expect to see double digit T-bill rates until much later in the year. The Supreme Court’s reversal of the banknote replacement policy of the Central Bank of Nigeria has reduced liquidity at […]