Nigeria's public debt is set to reach 40% of Gross Domestic Product (GDP) by 2024 on fresh borrowing
Nigerian professor of political economy and management expert Professor Pat Utomi has called for diversification of the economy. He made this call during the launch of...
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...
After being the slowest growing region in 2021, Africa will register mild growth in 2022 (+3.5%) as vaccination rates will remain very low (32% in the...
Economic fundamentals in Africa’s largest economy Nigeria improved in recent months, according to the latest reports from the National Bureau of Statistics (NBS). Nigeria’s Gross Domestic...
Professional investors forecast dramatic expansion in the levels of investment in Africa by pension funds and large corporates over the next five years as major funds...
Exportation and collaboration with foreign investors have been listed as factors that can shape Nigeria’s economy. With the country investing only about 18-19% of its Gross...
The Minister of Science, Technology and Innovation, Dr. Ogbonnaya Onu has stated that the application of 0.5% Gross Domestic Product (GDP) on technological innovation will boost...
Chief Executive Officer, Financial Derivatives, Bismarck Rewane has listed ICT, Financial Services, Transport, Construction, Manufacturing, Trade and Agriculture as sectors that are expected to drive economic...
In its latest Global Economic Prospects report, the World Bank has predicted that Nigeria’s economy will grow at a 2.5 percent rate in 2022 and 2.8...