Research and Analytics
Research and Analytics
Due to the outbreak of Covid-19, countries have resorted to restricting movements, closing their borders as well as closing down the domestic economy (with the exception of essential services being allowed to move). Elsewhere, there was an oil price war between Saudi Arabia and Russia, which sent the price of headline crude oil to the […]
At the tail end of the last quarter, the Nigerian government closed its land borders, banning all international flights and restricting interstate movement and consequently announcing a total lockdown in three states; Lagos, Ogun, and Abuja. This action by the government, which was necessitated by the upward trend in the number of coronavirus cases in […]
This article gives an insight into how the citizens will likely react to the ease of lockdown within the first few weeks. It also explains why the use of Okada and Keke Napep will reduce contacts once the lockdown is lifted.
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 […]
This article gives a brief summary of how the IMF expects the world to grow in 2020, highlight the top 10 countries to grow in 2020 (with special focus on Guyana), highlight countries that will fall the most in 2020, as well as give a special case study of selected African countries.
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.
