Browsing: Federal Government of Nigeria

World Bank releases $82 million to support Nigerian public health response

Nigeria’s Capital Importation, Trade Data signpost Worsening External Conditions – Afrinvest. Afrinvest a leading investment banking firm, has stated that capital importation and trade data signpost worsening external condition.

Food prices have been on the rise, and some market observers suggest that this is not unconnected with the land border closure policy.

“FG better placed collaborating with private sector to bridge infrastructure deficit”.

Declining Excess Crude Account highlights economic exposure to shocks. Analysts have said the declining Excess Crude Account (ECA) highlight vulnerability of the nation’s economic prosperity and growth to shocks. ECA fall to $72 million on February 19th, from $365 million on January 16th, 2020.

External reserves fell $57.6 million in January, edge toward resistance level. Weak inflow, high usage of dollar inflow into the nation’s external reserve has reduced the external buffer for defending the Nigeria’s local currency, naira.

How to use FGN Savings Bond to plan school, marriage expenses others. FGN Savings Bond for the month of February 2020 opened on Monday. You should buy if you have some cash left in your deposits account.

Pro-Market Experts Task FG On Market-friendly PPP arrangement. As a key alternative to ramping up debt profile, crowding out private sector in the debt market, experts have advised Federal Government to use market-friendly Public-Private Partnership (PPP) to solve the nation’s infrastructural deficit.

PAC Capital analyst explains how Finance Act promotes fiscal equity, best practices. Pan African Capital Holdings’ (www.panafricancapitalholdings.com) analyst led by Oluwole Adeyeye has explained that the strategic objectives of the Finance Act is to promote fiscal equity apart from the fact that it seeks to raise government revenues.

FBNQuest estimates 30% Debt to GDP, say policies convergence long overdue. Analysts at FBNQuest Capital www.fbnquest.com have shown their support for monetary and fiscal policies convergence towards pushing strategic economic course that would find equilibrium solution for prosper