Articles
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COVID-19: Can Africa Afford Lockdowns?
By Professor Chukwuma Charles Soludo/ Image Credit: WeeTracker This year 2020 begins a new decade that promises to be one of dreadful disruptions, with Africa holding the weakest end of the stick. In…
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CPI Report for March 2020: A steady rise in inflation to 12.26%
The CPI (Consumer Price Index) calculates the average over time increase in prices of products and services purchased by people on a regular basis. The monthly Statistics released by the NBS stands at…
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Why Oil Price Crashed Below $0 Per Barrel
First of all, there are Different Brands of Crude Oil To start, it is worthy to note that there are different variants of crude oil in the international market with the Brent serving…
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Turning the COVID-19 Tragedy into an Opportunity for a New Nigeria
By Godwin Emefiele, Governor of the Central Bank of Nigeria. As many people are now aware, the outbreak of the novel coronavirus disease in China has rapidly permeated and profoundly changed the world.…
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After COVID-19, Comes the Debt
The Build Up Global borrowing has been rising so rapidly due to recent economic events and incidents around the world, that many are worried is becoming unsustainable. According to the new OECD forecasts,…
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COVID-19: The Trouble that Lies Ahead for the Federal Accounts Allocation Committee (FAAC)
This article explains the trouble that lies ahead of FAAC going forward by first graphically explaining the relationship between oil prices and total monthly allocation, then examining the trend in monthly revenue sharing…
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COVID-19: Why Nigeria is Likely to Record Increased Number of Cases in Coming Weeks
The Virus which was declared a global pandemic by the WHO on March 11, 2020, has had impact into all markets and economies of the world. With 853,799 cases recorded and over 42,000…
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COVID-19 & Cheap Oil: An SSA Market Update
Being what we learnt from the RenCap Securities Conference Call held on 25th March 2020 According to the global chief economist of RenCap, Charles Robertson, the COVID-19 outbreak in Italy shows that the…
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COVID-19: The Cost of a Lock Down- A Case of Kwara State
Effective from Friday 27th March, the Kwara state government announced a partial lock down of the state as a preventive measure against the spread of coronavirus (COVID-19). As such, all motor parks, public…
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How Different Countries are Responding to the Coronavirus Economy
Around the world, central banks as well as governments are doing what they can as well to stimulate and protect their economies. The European Central Bank (ECB) announced an $820 billion stimulus plan…
