(PHOTO: IMF PHOTO/CYRIL MARCILHACY) February 10, 2022/IMFBlog By Thomas McGregor, Nujin Suphaphiphat and Frederik Toscani In ordinary times, Europeans save around 12 percent of their income. But as families stayed at home and furlough schemes supported income during the pandemic, this savings rate increased sharply to almost 19 percent in 2020 and 2021. As […]
OPINION/EDITORIAL
Revisiting Nigeria’s Persistent FX Challenges
February 9, 2022/United Capital Research In 2021, following mounting pressures on the nation’s reserves in the first nine months of the year, several positive developments in Q4-2021 helped to bolster the CBN’s gross reserves position including the Debt Management Office (DMO) issuance of $4.0bn worth of Eurobonds, SDR allocation from […]
Queues Persist on Supply Constraints
February 9, 2022/CSL Research Following the recent appearance of queues at filling stations across major cities in the country over speculation of a shortfall in the supply of Premium Motor Spirit (PMS), the federal government through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) revealed that adulterated petrol, fuel […]
