March 1, 2022/OilPrice.com Chart of the Week – UK-based oil major BP (NYSE:BP) became the first company to quit its Russian operations, abandoning its 19.75% stake-controlled Rosneft at a cost of some $25 billion, coming on the back of Russia’s intensifying invasion of Ukraine. – This was followed by several sovereign wealth funds, prime […]
OPINION/EDITORIAL
Sustainable Finance in Emerging Markets is Enjoying Rapid Growth, But May Bring Risks
(IMAGE: MACIEK905/ISTOCK BY GETTY IMAGES) March 1, 2022/IMFBlog By Deepali Gautam, Rohit Goel and Fabio Natalucci Financial stability concerns include potentially higher sensitivity to global financial conditions. Most of the activity in the rapidly growing world of sustainable finance has been previously concentrated in advanced economies, but emerging markets, while still a small share of the total, […]
A Sharp Drop in FAAC Payout in February 2022
March 1, 2022/Proshare by FBNQuest Research The gross monthly distribution by the Federation Account Allocation Committee (FAAC) distributed to the three tiers of government amounted to NGN575bn (c.USD1.62bn) in February (from January revenue). This represents a decrease of c.NGN125bn from the previous month’s payout. The decline was due to significant […]

