Daily Archives: January 4, 2021

  • Naira crawling peg?

    The Central Bank of Nigeria (CBN) follows a managed exchange rate policy, but is it moving towards a crawling peg?  Last year saw several changes in the CBN’s official rate, and smaller (though significant) changes in Naira exchange rates quoted by FMDQ, Nigeria’s over-the-counter (OTC) exchange. Moves recorded in the last trading sessions of 2020 …

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  • Featured
Year Ahead-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.

  • Featured
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.