FDC COMMODITY UPDATE – DECEMBER 12, 2019

Dear Subscriber,

At a time of controversially high external debt levels, the spike in Brent price to $64pb must be comforting to policy makers who need to service the incremental external debt and deal with falling external reserves

As OPEC readies to enforce the new quota cuts Nigeria needs the oil price rally to steady frayed fiscal nerves.

In the slides, these issues were discussed by analysts at the FDC Think Tank on Channels TV Business Morning programme today.

Enjoy your read!