Oil Tumbles Towards $20 As Glut Grows

March 27, 2020/OilPrice.com The brief rebound in oil prices was never going to last in the current environment, and as the global crude glut nears historic highs, prices are heading towards $20 Friday, March 27th, 2020 Markets rallied this week as the U.S. Congress appears poised to pass a $2 […]

External Debt Relief: A ray of sunshine for African Economies

March 27, 2020/United Capital Report Recently, in a bid to provide relief to developing economies affected by the COVID-19 pandemic, the World Bank and International Monetary Fund (IMF) announced the suspension of debt repayments by the world’s poorest countries, under the International Development Association (IDA). Also, the two supranational agencies […]

Fiscal Update: Budget? What Budget?

March 26, 2020/InvestmentOne Report Fiscal Update: Budget? What Budget?   Since the combination of the coronavirus pandemic and the oil price war that has depressed Brent crude price from as high as US$68 earlier in the year to lows of US$21, the FG has been scrambling to take palliative fiscal […]