Author: InvestAdvocate

CBN Communique No. 132 of the MPC Meeting for September 21-22, 2020

September 22, 2020/CBN The Monetary Policy Committee (MPC) met on Monday 21st and Tuesday 22nd September 2020, in the light of lingering uncertainties associated with the COVID-19 pandemic and downturn in crude oil prices. These uncertainties which centered primarily on when the pandemic will be fully subdued and the oil […]

Angola: Confronting the COVID-19 Pandemic and the Oil Price Shock

IMF Country Focus The COVID-19 pandemic and the shock from the falling price of oil have put severe pressure on Angola since the country’s second review under the Extended Fund Facility (EFF) in December 2019. Only months after the conclusion of the second review in December 2019, the COVID-19 pandemic […]