Daily Archives: December 21, 2020

  • Interest rates on the rise

    Nigerian market interest rates are on the rise. This marks the end of the long – over a year – march south. But what next? In our view, the key determinants are how the 2021 budget deficit will be financed and how normal (given that the present interest rate/inflation mix is not normal) the Central …

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Year Ahead-Re-risking the financial system

Year Ahead 2020: Re-risking the financial system

Oil prices: In a global oil market threatened with over-supply, it appears that OPEC, and its ally Russia, are doing a good job of limiting production.