OPINION/EDITORIAL

Oil Range Bound As Markets Wait For Major Catalysts

May 3, 2022/OilPrice.com Chart of the Week OPEC+ Meets Amid Faltering Demand Prospects    – Whilst OPEC+ is widely expected to agree to another monthly increase of 432,000 b/d, the widening gap between the oil group’s stated objectives and reality is becoming too glaring to ignore.  – For March, the […]

Inflationary Pressure, Weaker Purchasing Power

April 29, 2022/Coronation Economic Note Nigeria’s headline inflation has been at double-digit since February ‘16. In Q1 ’22, there were upticks recorded in the headline inflation in February (10bps) and March (22bps). The average headline inflation rate in Q1 is 15.74%; 7bps higher than the average 15.67% recorded in the […]

Hunger-Related Social Unrests; a Near Possibility?

April 29, 2022/CSL Research The IMF, in its latest Regional Economic Outlook for Sub-Saharan Africa, noted that the progress in economic recovery seen in the second half of 2021, has been jeopardized by the Russian invasion of Ukraine which has triggered a global economic shock that is hitting the region […]