As Nigerians wind down their activities for 2017, the news of a spike in the misery index to 55.9 came to many as a surprise. The state by state breakdown with Rivers State having the highest misery rate was also equally confounding. This means that high prices plus unemployment is taking its toll on most Nigerians.
The good news, however, is that oil price is now at a 30-month high of $66.5pb. This is likely to boost fiscal and dollar revenues in 2018.
The attached slides contain a synopsis of the events that shook the global and domestic markets this week.
Enjoy your read!