December 1, 2022/United Capital Research In recent weeks, Nigerians have been facing a severe fuel crisis as we have observed long queues at several fuel stations across the country. Worsening shortages has triggered the re-emergence of the black market and allowed some retailers to sell Premium Motor Spirit (PMS), popularly […]
OPINION/EDITORIAL
Stanbic IBTC Bank Nigeria PMI® – New order growth hits six-month high in November
December 1, 2022/P+ Measurement Services Faster rises in output and new orders Inflationary pressures remain elevated Business confidence at survey-record low Business conditions continued to improve markedly in the Nigerian private sector during November amid improving demand and higher customer numbers. In turn, firms expanded their purchasing activity and employment. […]
Russia’s War in Ukraine Could Raise Poverty in Caucasus, Central Asia
Photo credit: mbrand85/Getty Images November 30, 2022/IMFBlog By Bashar Hlayhel, Troy Matheson, and Sahra Sakha A decline in remittances from Russia and rising cost of living could push an additional one million people into poverty in the region Poverty reduction in the Caucasus and Central Asia is likely to stall due to Russia’s […]
