August 11, 2022/CSL Research According to data from the National Pension Commission (PENCOM), the total Asset Under Management of the Nigerian Pension Fund Administrators rose by 6.28% ytd to N14.27trn as of June 30, 2022, from N13.42trn in December 2021. We believe the increase in total Asset Under Management (AUM) […]
OPINION/EDITORIAL
Ailing Revenue and Incessant Recurrent Expenditure have Fueled Debt Service Concerns
August 11, 2022/United Capital Research The recently released Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF and FSP) revealed that Nigeria’s debt stock rose by N2.1tn to N41.6tn (excluding the FGN’s Ways and Means outstanding, currently estimated at N20.0tn) in the Q1-2022, with c. 60.0% emanating from domestic debt […]
Central Banks Hike Interest Rates in Sync to Tame Inflation Pressures
(Photo: Linus Nilsson/Unsplash) August 10, 2022/IMFBlog Chart of the Week By Tobias Adrian and Fabio Natalucci During the pandemic, central banks in both advanced and emerging market economies took unprecedented measures to ease financial conditions and support the economic recovery, including interest-rate cuts and asset purchases. With inflation at multi-decade […]
