OPINION/EDITORIAL

Higher Nigerian crude oil production softens weakness in OPEC+ output

February 16, 2023/United Capital Research Data from the Organisation of Petroleum Exporting Countries (OPEC), in its Feb-2023 Monthly Oil Market Report, MOMR, revealed that Nigeria’s oil production (excluding condensates) rose by 1.6% m/m to 1.26mbpd in Jan-2023, from 1.24mb/d recorded in Dec-2022. The report further revealed that total OPEC-13 crude oil […]

Nigeria January 2023 CPI: Broad Inflationary Pressures to Remain Firm in the Near Term

February 15, 2023/Cordros Report The National Bureau of Statistics (NBS) recently released the January 2023 inflation report, showing that consumers’ prices rose by 47bps to 21.82% y/y (December: 21.34% y/y) – the highest level since September 2005 (24.32% y/y). We attribute the elevated price pressures in the review period primarily […]

How Mauritania Can Reduce the Impact of Climate Disasters on its Economy

Photo Credit: Adobe Stock: hamid chabbi/EyeEm IMF COUNTRY FOCUS February 14, 2023/IMFBlog By Anta Ndoye, Jarin Tasnim Nashin, Onur Ozlu and Eric M. Pondi Improving access to healthcare and electricity can go a long way toward reducing the costs to growth from climate disasters Climate-related natural disasters are becoming more frequent and severe […]