According to the latest monthly report released by Nigeria’s Pension Commission (PENCOM), the assets under management (AUM) of the regulated pension industry increased by +26.2% y/y...
In its latest World Economic Outlook (WEO), the IMF revised its global growth forecast for 2024 upward to 3.2% y/y from 3.1% y/y projected in its...
The latest report from the National Bureau of Statistics (NBS) in its series on foreign trade in goods shows the total value of trade grew by...
The 2024 FGN Budget, titled “Budget of Renewed Hope,” was signed by President Bola Ahmed Tinubu on 02 January’24. There were a few revisions made. The...
The mining sector is a crucial component of the industrial value chain, providing essential raw materials for the manufacturing and construction sectors. Similar to the oil...
This decline can be partly attributed to the slowdown in economic activities in Q1 ‘23 due to the cash crunch associated with the Naira redesign policy.
The latest gross monthly distribution for the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N714.6bn in April...
Over the past five years, Nigeria has experienced oscillatory movement in manufacturing output growth. According to the latest national accounts, manufacturing sector growth contracted to -1.9%...
Internet subscriptions stood at 152.3 million in August ’22, representing an increase of 0.2% m/m and 8.6% y/y
Today we shed some light on the recently published Nigeria Development Update by the World Bank titled “The Continuing Urgency of Business Unusual”. The publication provides...