The gross monthly distribution by the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N725.6bn in April (from...
In its latest World Economic Outlook (WEO), the IMF has trimmed its global forecast for 2022 to 3.6% y/y from 4.4% y/y. For 2023, the growth...
The importance of a vibrant manufacturing sector in emerging economies cannot be overemphasized. A functional manufacturing base attracts increased research, productivity, and exports. In addition, due...
The National Bureau of Statistics (NBS) has released its latest report on capital importation for Q4 ’21. The data was obtained from the CBN and compiled...
Nigeria in focus The latest report from the National Bureau of Statistics (NBS) in its series on foreign trade in goods shows the total value of...
According to Nigeria’s Debt Management Office (DMO), Nigeria’s total public debt rose by 4.1% or N1.5trn from N38trn at end-September ‘21 to N39.5trn at end-December 2021....
The demand for mobile data usage as well as increased network coverage has increased the potential of Nigeria’s e-commerce market. Based on data from the Nigerian...
By Coronation Merchant Bank Economic Research Team The ongoing disruptions in Europe following Russia’s invasion of Ukraine has potential economic implications. The Russia-Ukraine crisis has been...
Nigeria features as one of the top ten countries with the highest headline inflation rates in Africa, alongside countries such as Sudan (318.21% y/y), Zimbabwe (60.74%...
The 2022 FGN budget titled Economic Growth and Sustainability was signed by President Buhari on 31 December ’21. The aggregate expenditure is estimated at N17.1trn, which...