The IMF is predicting that the pandemic has permanently lowered the path of real GDP in sub-Saharan Africa, suggesting a loss of real per capita output...
Drawing on data provided by the National Film and Video Censors Board (NFVCB), the National Bureau of Statistics (NBS) has released its report on Nollywood Movies...
Lesotho has been struggling with the fallout from the pandemic and a sharp decline in revenues from the Southern African Customs Union (SACU); The authorities and...
Prices of goods and services moderated further in Africa’s largest economy, Nigeria in the month of September 2021, the latest report from the National Bureau of...
The pandemic has led to an unprecedented increase in debt—issued by governments, nonfinancial corporations, and households the IMF estimated in the latest Fiscal Monitor report. In...
The IMF is warning in its latest Global Financial Stability Report that Covid-19’s lingering impact is fading optimism among investors, which could lead to financial tightening...
The IMF is lowering its global growth projection for 2021 slightly to 5.9 percent while keeping it unchanged for 2022 at 4.9 percent. However, this modest...
Vice-President Yemi Osinbajo has described the country’s exchange rate as “artificially low” and tasked the Central Bank of Nigeria to devalue the naira to reflect the...
The World Bank has revealed that the economy of Sub-Saharan Africa (SSA) is set to expand by 3.3 percent in 2021. In the latest edition of...
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has reiterated that the central bank is working toward achieving double-digit economic growth and single-digit inflation...
