economy
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People & Money
Nigeria’s inflation problem and the ‘Gbatueyos’ at the CBN
“There is also the argument that watching the exchange rate matters because we are import-dependent. That is obviously untrue as…
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People & Money
South African Economy Shrinks 7%, Biggest Slump Since 1946
The South African economy has been impacted by the lockdown in global markets in addition to that which impeded domestic…
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People & Money
On the Nigerian Economy and Its Emergence From Recession
The moral behind this emergence tale, then, is that while the Nigerian economy may almost imperceptibly have lifted its index…
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People & Money
Post-Lockdown Recovery Puts China On Fast Track to Become Largest Economy
China is bouncing back relatively quickly from the new coronavirus pandemic and impressively. The Chinese economy returned to pre-pandemic growth…
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People & Money
China to Become World’s Biggest Economy In 8 Years – Report
China will become the world’s biggest economy before the end of the decade, overtaking the United States, Britain-based consultancy Centre…
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People & Money
Nigerian Economy At Risk of Falling Apart – World Bank
The weight of the pandemic outbreak on the Nigerian economy will send personal incomes back to the levels they were…
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People & Money
New CBN Special Bills A Boost to Banks’ Liquidity, Economic Activity
The Central Bank of Nigeria (CBN) this week approved the release of banks’ excess Cash Reserve Ratio (CRR) as part…
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People & Money
Nigeria Enters “Technical Recession”, Deepest Since 1987
A technical recession is often caused by a single event e.g. the fall in oil prices or an outbreak of…
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People & Money
Nigerian Markets Last Week: Oil to Rebound in 2021, Economy in Recession as Inflation Passes 14%
The Nigerian Markets report for the week ended November 20, 2020. Stock Market After recording a historic surge the previous…
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People & Money
Nigerian Banks Could Fail Survival Tests if Economy Contracts Further
Nigerian banks face the risk of falling below minimum capital buffers demanded by regulatory authorities in case the economy tightens…
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