November 11, 2022/Coronation Research The gross monthly distribution by the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N760.23bn in October (from September revenue). This shows an increase of 12.9% m/m or N87.1bn from the previous payout. Based on data from the […]
OPINION/EDITORIAL
China’s Covid Saga Sends Oil Prices Spiking Again
November 11, 2022/OilPrice.com Tom Kool Editor, Oilprice.com Oil prices are once again reacting to Covid news out of China, with the government easing some of its Covid restrictions and boosting hopes that China’s oil demand could start bouncing back. Friday, November 11th, 2022 Better-than-expected US inflation data and China’s long-anticipated […]
Global Interest Rates Rising Faster than Expected, Pivot Unlikely in 2023
November 10, 2022/Fitch Ratings Global interest rates have risen more rapidly than expected in the past two months, and Federal Reserve and ECB policy rates are now likely to peak at a later date and higher level than anticipated in Fitch Ratings’ September 2022 Global Economic Outlook (GEO). Stubbornly high […]
