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Nigeria to record current account deficits near 4% of GDP – Reports. Experts have estimated that Nigeria will record current account deficits
This is not another motivational talk. It is the reality of the day and we are already caught in the social web.
Executive chat: coronavirus has marked down my business – MD Obviously, there will be corporate casualties in various sectors following…
Nigeria to Record its Largest Economic Decline in Q2– FSDH
Capital importation: $5.8 billion flows into Nigeria’s economy in first quarter. Nigeria benefited from foreign investment flow amounted to $5.8 billion in the first quarter of 2020 amidst global disruptions.
Ahead of the rescheduled Monetary Policy Committee meeting of the Central Bank of Nigeria, Meristem Securities, Vetiva and others have predicted that the policy rates would be maintained.
Average prices of foods, transportation and health care among other needs have been projected to increase for month. Investment bankers have estimated uptick in headline inflation rate for the month of May, projected to spike to 12.43%.
CBN FX Adjustment Put Banks Minimum Capital Base below $70 Million. The Central Bank of Nigeria recent foreign exchange (FX) adjustment has rub off on capital position of banks, as a result experts are expecting capital raise for operators.
Nigeria’s economy expands 1.87% despite global disruptions. The National Bureau of Statistics (NBS) says the country’s Gross Domestic Product (GDP) grew by 1.87 percent year-on-year in real terms in the first quarter of 2020.
Nigerian Stock Market is Going Vertical, Impressively The Nigerians Stock Exchange is going vertical, and that will be sustained given…
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