iMAPCTS on World Bank 3.41BN loan on the Nigerian Economy

The Downers.
- External reserves down to $33.4bn.
- COVID-19 infection rate increases.

The Goodies.
- IMF Disbursement will lift naira in  the parallel market.
- Naira to recover in Forex market as CBN resumes dollar sales.
- Cheque clearing system will increase velocity of circulation and aggregate demand.
- Oil recovers 7.50% to $24.23bp.
- Price of diesel slumps (N190/Litre).

Drop your comments below on what you think:-

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