February 2, 2023/United Capital Research Following the recent Moody’s downgrade of the Nigerian Federal Government (FG) long-term foreign-currency (FCY) and local currency (LCY) issuer, from B3 and B1 to Caa1 and B2, respectively, investors’ sentiments toward Nigerian Eurobonds have turned sour as investors begin to demand higher credit risk premiums […]

Photo Credit: tigristiara/iStock by Getty Images February 1, 2023/IMF IMF COUNTRY FOCUS After a strong economic recovery from the pandemic, France was hit by an energy shock driven by Russia’s invasion of Ukraine. Inflation rose and economic activity slowed. Nevertheless, the economy has remained resilient and inflation well below other EU […]

February 1, 2023/United Capital Research The Chairman of the Nigerian Insurers Association, Mr Segun Omosehin, disclosed that the Consolidated Insurance Bill proposed in 2020 is going through the final legislative processes in preparation for a presidential assent. The insurance sector has shown resilience recently, expanding by 19.1% y/y in Q3-2022, […]