(Photo: Brendan Hoffman/IMF Photos) January 26, 2023/IMF By Hites Ahir, Nicholas Bloom, and Davide Furceri The shocks that have shaken the global economy in recent years have introduced a new normal for turbulence, driven in some cases by political fragmentation between countries. These episodes have also lifted uncertainty to exceptionally high levels, […]

January 26, 2023/United Capital Research According to the Budget Office of the Federation, revenue generation remains the major fiscal constraint of the Federal Government. Notably, revenue performance printed at 77.6% of the budgeted revenue, as total revenue between Jan – Nov 2022 stood at N5.9tn. Non-oil revenue performance stood at […]

January 25, 2023/United Capital Research Yesterday, the Monetary Policy Committee (MPC) concluded its 289th meeting. At the press briefing, the committee’s Chairman, Godwin Emefiele, announced the committee’s decision to raise the Monetary Policy Rate (MPR) by 100bps, bringing it to 17.5%. The committee also voted to retain the asymmetric corridor […]