July 1, 2022/Coronation Research The DMO held its monthly auction of FGN bonds on Monday last week. It offered N225bn but raised N226.1bn (USD536.5m) through re-openings of the 2025, 2032 and 2042 FGN bonds. Demand was considerably higher, as the DMO secured a total bid of N552.4bn. The successful bids […]
OPINION/EDITORIAL
Portugal: Policies for a Strong Economy
IMF COUNTRY FOCUS Image Credit: IMF July 1, 2022/IMF By the Portugal Country Team, IMF European Department After a deep pandemic-induced recession, the Portuguese economy gained ground in 2021 and GDP surpassed its pre-pandemic level in the first quarter of 2022. The recovery was driven by strong domestic demand and a bounce […]
Supply Disruptions Drive Bullish Sentiment In Oil Markets
July 1, 2022/OilPrice.com Bullish sentiment is once again building in oil markets as supply disruptions mount and global oil demand growth continues unabated. Friday, July 1st, 2022 As uncertainty builds around the supply capacity of OPEC+ and oil demand rages on despite expectations of demand destruction, bullish sentiment is building […]
