January 28, 2022/IMF Weekend Read Welcome to the Weekend Read! In today’s edition we explore, among other things, the IMF’s new forecasts for global growth, which included markdowns to the world’s two largest economies, risks to asset prices from rising interest rates, how a shift in China’s growth model could benefit the […]

January 28, 2022/CSL Research Following the decision to retain the controversial subsidy payments in the short to medium term, the Federal Executive Council (FEC) at its weekly meeting in Abuja yesterday, approved N3trn (17.5% of the total budget of N17.126trn for 2022) for subsidy payments in 2022. The approved 2022 […]

(PHOTO: JLGUTIERREZ/ISTOCK BY GETTY IMAGES) January 28, 2022/IMFBlog By Jorge Alvarez and Philip Barrett The chart of the week shows how surging energy costs have boosted inflation, especially in Europe, after fossil-fuel prices nearly doubled in the past year. Rising food prices have also helped to boost inflation. Meanwhile, continuing supply chain disruptions, […]