Browsing: Nigeria

Ghana’s External Deficits Account Estimated to 4.4% of GDP. In the Sub-Saharan African (SSA), Ghana has been noted to have low external financing risk, though virus induced pressure is estimated to widen the country’s external deficit. The Institute of International Finance (IIF) in a report noted that the country financing risk is relatively low compare with Nigeria, Zambia others.

‘Nigeria, Ghana, SA account for more than 40% of SSA Eurobonds Issuance’

IMF approves $3.4 Billion emergency support for Nigeria

Headline inflation rate increases to 12.26% in March, says NBS

Nigeria, Angola, SA hard hit as COVID-19 drives SSA toward First Recession in 25 Years

Analysts have painted a gloomy future for Nigeria’s economy due to the recent oil shock

The Nigerian economy strengthened further in the third quarter of the fiscal year 2019 as it recorded improved productive performance.

Oil: OPEC influence waning, Nigeria be careful

Fiscal initiatives may stifle private investment, economic performance

Africa’s growth remains uneven, with East Africa out-pacing the rest of the continent; the continent grew 3.8% in 2018, with Sub-Saharan Africa rising somewhat slower, at 2.6%; FDI into Africa remains small by global standards, but prominent in relation to GDP; The US and Western Europe remain Africa’s largest investors; FDI flows to the most diversified, business friendly economies.