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CATEGORY

Economics

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...

CBN Breaks Own Rules in ‘Ways and Means’ Advances to FG

The Central Bank of Nigeria (CBN) is breaking its own rules regarding Ways and Means Advances extended to the Federal Government (FG), MoneyCentral analysis...

Nigeria’s N15.4 Trillion Domestic Debt Binge Getting Cheaper to Finance

Nigeria's Federal government is binging on domestic debt which hit a record high as at June 2020, but one positive for policymakers in Abuja...

Nigeria’s Manufacturing PMI Contracts for Fourth Consecutive Month

The Manufacturing Purchasing Managers Index (PMI) in the month of August stood at 48.5 index points, indicating contraction in the manufacturing sector for the...

Nigeria Pension Funds Reallocate Assets as Entire Yield Curve Falls Below Inflation

Nigeria Pension Funds boosted holdings of longer dated Federal Government of Nigeria (FGN) bonds as the entire yield curve fell below inflation. In finance, the...

Emefiele Vindicated as IMF says Currency Devaluation Gains Limited

Nigeria’s Central Bank Governor Godwin Emefiele will be vindicated by new research by the International Monetary Fund (IMF), which suggests that the prevalence of...

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