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 […]

(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 […]

August 10, 2022/United Capital Research Last week, the Organisation of Petroleum Exporting Countries (OPEC+) members met for the 31st joint technical and ministerial meetings amid sanctions on Russia and rising global energy prices. Given the rapidly evolving oil market fundamentals, OPEC+ agreed to adjust the production level in September upwards […]