… Opening Up Potential Market for SSA States April 28, 2022/United Capital Research Earlier today, the government of the Russian Federation deployed one of its most powerful economic weapons as its state-owned gas company cuts off supplies to European Union members Poland, and Bulgaria, on the back of their non-compliance […]
OPINION/EDITORIAL
Inflation to be Elevated for Longer on War, Demand, Job Markets
(Image: IMF) By Jorge Alvarez and Philip Barrett April 27. 2022/IMFBlog CHART OF THE WEEK The war in Ukraine will quicken inflation, which we now expect to remain elevated for longer than previously forecast on higher commodity costs and broader price pressures. As the Chart of the Week shows, our […]
Subsidy Payments: A Major Pressure Point in Government Finances
April 27, 2022/CSL Research A ThisDay news report revealed that the Federal government had spent a whooping sum of N430.17bn in subsidizing petrol consumption for the first two months of the year. With the projection to spend N328bn in March 2022, subsidy payments will reach N758.1bn in the first quarter […]
