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CATEGORY

Economics

Inflation to Erode Workers’ Wages This Year

Just like a thief that surreptitiously sneaks into a house and loots valuables, spiraling inflation steals the wages of workers and impoverishes millions of...

Nigeria Central Bank Seeks to Re-ignite Carry Trade as OMO Yields Creep Higher

Yields on Open Market Operation (OMO) bills at a Central Bank of Nigeria (CBN) auction held yesterday (Feb 04) crept higher as the apex...

Banking Sector Credit Hits N25trn, Money Supply Rises on CBN Interventions

The broad measure (M3) of money circulating in the Nigerian financial system increased by 10.97 percent in December 2020 from 5.02 percent in November...

Nigeria to Grow Least among Emerging Markets, Developing Economies in 2021

Nigeria’s economy will expand at the slowest rate in 2021, when compared to other major Emerging Markets (EM) and developing economies, according to International...

Nigeria’s Credit Conditions Remained Robust in Q4 on Recovery

Nigeria’s credit conditions remained robust in the fourth quarter (Q4) of 2020, reflecting government and the Central Bank of Nigeria’s (CBN) efforts to add...

7 Key Takeaways as IMF Completes 2020 Article IV Mission to Nigeria

An International Monetary Fund (IMF) staff team led by Jesmin Rahman conducted a virtual mission from October 30 to November 17, 2020 in the...

Buhari’s Poor Economic Record Contradicts 100m Nigerians Poverty Pledge

Nigerian President Muhammadu Buhari has a noble goal to lift 100 million Nigerians out of poverty. “To this end I have approved an increase in...

Nigeria’s Equity Risk Premium Returns with a Vengeance, But How Sustainable Is It?

In Finance the concept of an equity risk premium is not really difficult to grasp. The Equity Risk Premium (ERP) is the additional return that...

Nigeria Current-Account Deficit Narrows to -$3.23bn in Q2, 2020

Nigeria’s Current-Account deficit narrowed in the Second Quarter (Q2) of 2020 as exports again dropped faster than imports amid a global economic slowdown caused...

Buhari’s Dismal Economic Record Means 7 Years of Pain for Investors

Nigeria’s economy will not eclipse the highs it attained in 2015 until the year 2022, a 7 year gap that signals the dismal economic...

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