October 20, 2022/United Capital Research The maiden edition of the Annual Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) summit takes place amid seismic shifts and grave concerns for the industry. Oil markets have been more closely watched this year-2022, as its market fundamentals have been the single […]
OPINION/EDITORIAL
The Naira: How Much Devaluation Should We Expect?
October 20, 2022/CSL Research According to Bloomberg, Bank of America’s (BoA) economist said in a note that based on three indicators- the widely used black-market rate, the central bank’s real effective exchange rate, and the bank’s own currency fair value analysis, the Naira is 20% overvalued, noting that there is […]
Latest Global Growth Forecasts Show Challenges Facing Economies
Credit: AdobeStock October 19, 2022/IMFBlog Economic growth The global deceleration will be broad-based, with many economies poised to contract, and the outlook remains uncertain The IMF’s World Economic Outlook released last week forecasts that global economic growth will slow from 3.2 percent this year to 2.7 percent next year. The 2022 projection […]
