Updates

IMF Releases 2021 Annual Report Loans $110 billion to 86 Countries

October 4, 2021/IMF More than a year into a crisis like no other, the IMF has mobilized a response like no other. As of end-April 2021, loans have been approved to 86 countries of more than $110 billion—a record number. But even though the recovery is underway, the economic fallout […]

United Capital Research Investment Views This Week 4th October 2021 to 8th October 2021

October 4, 2021/United Capital Research Please click here to download the full report Macro news and Highlights Last week, the House of Representatives passed the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) as presented by the President, Major General Muhammadu Buhari (retd.). This came a week after the Senate […]

OPEC Hinges Attainment of Global 6.9mbpd Refining Capacity Addition on Dangote Refinery

October 3, 2021/Dangote Group Dangote’s 650,000 barrels-per-day (bpd) oil refinery project has been identified as one of the oil distillation companies that would boost global refining capacity by 6.9 million barrels per day between 2021 and 2026. The Organisation of the Petroleum Exporting Countries (OPEC), which made this disclosure in […]