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 deaths, it has a mortality rate of 4.92% as at March 31, 2020. It is now present in virtually all countries of […]

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 12 days lag before the virus infection rate goes up, is valid. As such, New York is expected to experience a peak […]

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 transportation including motorcycle, tricycle and taxis are banned from operation. The state deputy Governor, Mr Kayode Alabi, however noted that only food […]

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 which include buying government and corporate bonds and other assets, as well as pumping cash into financial markets deeply rattled by the […]

The Biggest Gainers in the Coronavirus Economy

As a result of the outbreak of COVID-19, countries have restricted the movement of its citizens. In California, the residents have been advised to stay at home and only can go out when it is absolutely necessary. Italy and France have also ordered a total lock down while different countries such as the United States, […]

The Much Damages Coronavirus has Done to the Global Stock Market

In the global stock market, the impact has been overwhelming as investors rally around to look for safe havens. The DOW-Jones, S&P 500 and NASDAQ have all entered into the bear market as a result of COVID-19. According to the rules of the New York Stock Exchange (NYSE), trading on the floor of the exchange […]

In their Numbers: How Coronavirus is Hurting the Global Economy

The last time oil price was at a low of between $20 and $26 per barrel was in 2003. Bloomberg reports that the last time factories were shut down up to the level they are shut in the last two months, was during the Second World War. That is, biggest factory shut down since WWII […]

Empirical Relationship between the Price of Crude Oil and Nigeria’s Real GDP Growth Rate

Have you wondered by how much Nigeria will grow if oil price remains at this current rate? What is the impact of oil price of between $30 and $40 per barrel on real GDP growth rate of Nigeria in 2020 and going forward?

This article provides answers to that.

Why the Central Bank of Nigeria will Devalue the Currency in 2020

With the Coronavirus outbreak having its toll on business and economic activities, recently released trade figures as well as policies not having their desired effects, we believe that there will be an unexpected naira devaluation in 2020. This is why we explained our reasons in this article.

A Deep Dive into Insider Dealings by Listed Companies between Jan 1 and Feb 28, 2020 (Part 1)

This research article provides a comprehensive view on the insider trading activities of 10 companies between January 1 and February 28, 2020 and also establish the nexus between the trading, financial performance of the company as well as on liquidity.

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