Nigeria’s raw material imports gulp N2.32trn, rise 73% in 2020 Despite restrictions coming from Coronavirus pandemic in 2020, imports of raw materials into Nigeria rose...
CBN says currency in circulation dropped to N2.83trn in Jan The Central Bank of Nigeria has revealed that total currency in circulation (CIC) in...
South African economy contracts 7% in 2020 South Africa’s economy rebounded 6.3% quarter on quarter on a seasonally-adjusted and annualised basis in the fourth quarter...
Nigeria’s gradual road to economic recovery By Lukman Otunuga, Senior Research Analyst at FXTM Africa’s largest economy has displayed resilience over the past few months....
AfDB advocates digital scale-up to unlock economic benefits Digital platforms in Africa should scale up to take advantage of the continent’s surging demand for creative...
South Africa’s unemployment rate increased by 1.7 per cent in the fourth quarter of 2020 to 32.5 percent, the highest since 2008, said Statistics South Africa...
AfCFTA to push Nigeria, other economies to $29trn The elimination of tariff following the introduction of the African Continental Free Trade Area Agreement (AfCFTA) is...
Nigeria’s public debt to hit $37.8bn soon – DMO Public debt profile in Nigeria is about to soar to $37.8 billion soon as the country plans...
‘Despites recession exit, further recovery tough for Nigerian economy’ Despite the recent thrilling news that the Nigerian economy has pulled out of recession, analysts...
We did not exit recession by accident – Lai Mohammed The Minister of Information and Culture, Alhaji Lai Mohammed, says Nigeria did not exit...
By Analysts at Financial Derivative Company The just released GDP growth numbers affirm the fact that the Nigerian economy is on its recovery path. Contrary to...
Nigeria exits recession amidst weak economic recovery As real GDP Grew by 0.11% in Q4 Slid -1.92% in Full Year 2020 Trudging along a...
Global mgt firm hints Nigeria on economic recovery tips The Boston Consulting Group (BCG), a global management consultancy firm, has proposed the promotion of...
Nigeria to rebase GDP in 2021, says NBS boss The Statistician-General of the Federation and Chief Executive Officer of the Nigerian National Bureau of...
Chinese director hints Nigeria to exploit China’s $22trn market Nigeria stands a good chance to exploit massive economic benefits from China’s $22 trillion market...
Nigeria’s foreign capital inflow drops to $9.68bn, hits four-year low Foreign capital flow into the Nigerian economy plunged by more than half in 2020...
FBNQuest Capital Nigeria 2021 Research Outlook: Tentative Emergence from the Shadow of COVID-19 By FBNQuest Capital Global recovery via millions and millions of arms The...
IMF reviews its debt sustainability framework The Executive Board of the International Monetary Fund (IMF) reviewed on January 14, 2021 the IMF Debt sustainability Framework...
20m more Nigerians to join poverty rank by 2022 – World Bank Nigeria needs to implement key reforms in order to get the economy out...
Nigerians pay N427.71bn VAT to govt in Q4 2020 The Aggregate Value Added Tax (VAT) paid by Nigerians to the government in the fourth quarter...