Research and Analytics
Research and Analytics
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 2008/09, the global “great recession” was triggered by financial crisis in the US (world’s largest economy). Then, much of Africa was said […]
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 12.26%. March 2020 reports a 12.26% steady increase Year on Year from 12.20% in February 2020. Data obtained from the National Bureau […]
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 as the benchmark just the same way the United States dollar is the benchmark when converting different currencies of the world. The […]
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. While this crisis is first and foremost a public health issue, which has claimed the lives of over 123,600 people worldwide, and […]
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, as increasingly stringent containment measures required to control the spread of coronavirus (COVID-19), would inevitably lead to significant short-term if not long-term […]
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 since 2017, compare with other months and years, as well as forecast what will happen going forward given the global pandemic as well as the price war which have led to share decline in the price of crude oil in the international market.
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 deaths, it has a mortality rate of 4.92% as at March 31, 2020. It is now present in virtually all countries of […]
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 12 days lag before the virus infection rate goes up, is valid. As such, New York is expected to experience a peak […]
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 transportation including motorcycle, tricycle and taxis are banned from operation. The state deputy Governor, Mr Kayode Alabi, however noted that only food […]
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 which include buying government and corporate bonds and other assets, as well as pumping cash into financial markets deeply rattled by the […]
