Articles

Macroeconomic Analysis and Comparison of Some Selected Countries in Africa

By Abdulazeez KurangaPosted on November 27, 2019Posted in ArticlesTagged Africa, analysis, FT Partners, GDP, Macroeconomic, World, World BankNo Comments

With an estimation that over half of global population growth through 2050 will come from Africa (UN Estimates), the continent has the world’s fastest growing population. The continent is a 2.49 trillion dollars economy in terms of GDP (a total of 54 countries) and it houses around 1.2 billion people. The aim of this research is therefore to provide macroeconomic analysis of four countries (Nigeria, Kenya, Egypt and South Africa) given the fact that they constitute the largest markets of Financial Technology in Africa.

Q3 2019 GDP: Nigeria Records its Second Highest Quarterly Real Growth Rate Since 2016

By Abdulazeez KurangaPosted on November 22, 2019Posted in ArticlesTagged GDP, IMF, NBS, Nigeria, World1 Comment

Nominal and Real GDP Explained The GDP (a measure of the size of an economy) is the monetary value of all goods and services produced in a country during a given period of time and it can be calculated on either quarterly and/or annual basis. As an example, the monetary value of the rice sold […]

The Many Faces of the 2018 Agricultural Intervention Initiatives of the Central Bank of Nigeria

By Abdulazeez KurangaPosted on November 18, 2019Posted in ArticlesTagged ABP, Agriculture, CACS, cbn, Faces, Intervention, PASNo Comments

In 2018, a total amount of N320.39 billion was injected into the agricultural sector as part of the CBN intervention to create a diversified economy backed up by sustainable development as well as create employment opportunities. Since the inception of all the agricultural schemes however, a total sum of N1.04 trillion has been injected by the CBN (through 6 agricultural initiatives) into the agricultural sector of which only 42% has been repaid by the beneficiaries since inception valued at N436.66 billion.

Choosing a Research Topic in the Field of Social Science

By Abdulazeez KurangaPosted on November 16, 2019Posted in ArticlesTagged economics, Full Project, Project Topics, research, Social science, writingNo Comments

Once in your final year, then you start thinking of your project work without which you will not be awarded the university degree (Graduate and Post-graduate). Coming up with a topic therefore becomes an issue especially as an undergraduate because you do not have an experience of it before. As such, becomes a dilemma because you do not know how to go about it. This is therefore the aim of this article- to in its simplest form, take you through how to choose a research topic that will not later on give you issues when you start.

The Zimbabwean Stock Exchange is Africa’s Best Performing Stock Exchange

By Abdulazeez KurangaPosted on November 13, 2019Posted in ArticlesTagged BRVM, EGX-30, Ghana, Nigeria, Stock Exchange, Stock Market, ZimbabweNo Comments

As at Tuesday 12th November 2019 therefore, the Zimbawean Stock Exchange Industrial Index has returned more money for its investors than any other stock exchange in Africa as its Year to Date returns stands at 67% in local currency, 67% in Dollars and 74% in Euro.

Nigeria’s Northern Region Records 49% Financial Inclusion Rate as Opposed to 77% Inclusion Rate in the South

By Abdulazeez KurangaPosted on November 11, 2019Posted in ArticlesTagged Adult Population, Exclusion Rate, Gifted Hands, Mobile Usage, Nigeria, North, SouthNo Comments

In terms of mobile usage, the EFInA report of 2018 shows that 3.08 million (representing 3.1% of the adult population) have both mobile money and bank account while 0.3% adults have only mobile money account. Also, 82% of the adult population receive their income in cash while 10% receive their income into bank accounts or mobile money. This research aims to look into the financial inclusion statistics of Nigeria between 2008 and 2018 with much focus on 2018.

Understanding Lagos State Finances and its Preference for External Debt over Internal Debt

By Abdulazeez KurangaPosted on November 7, 2019Posted in Articles, Business & FinanceTagged Debt Profile, Deficit, Expenditure, Finances, Financial Statement, LASG, Revenue, tax, VATNo Comments

Lagos State Government recently released its financial statement and we provide an insightful analysis into the state finances and its debt profile.

Nigeria’s Tier-1 Banks Made Interest Income of N1.52 trillion and PAT of N521.92 billion in Q3 2019

By Abdulazeez KurangaPosted on November 4, 2019Posted in Articles, Business & FinanceTagged Banks, Interest income, Nigeria, Profit After Tax, tier-12 Comments

The Q3 financial statement of the five banks reveal they earned N1.52 trillion on charging interest in the first 9 months of 2019 and they made a Profit After Tax of N521.92bln in total. This research work therefore aims to further break down the financial performance of each of the five banks while also ranking them based on how they have performed from January 2, 2019 to September 30, 2019.

Analysis of the Operations and Performance of MTN Nigeria and Airtel Nigeria as at September 30, 2019

By Abdulazeez KurangaPosted on October 31, 2019Posted in Analytics, ArticlesTagged cbn, Gifted Hands, MTN, NCC, NSE, Operations, PerformanceNo Comments

This analysis takes into consideration the operations and performance of the two Telecoms companies- MTN and Airtel listed on the Nigerian Stock Exchange. In this analysis, insights into the operations of the two companies in Nigeria are provided as well as review into their Financial performance for the period ended September 30, 2019.

More Than 90% of the 774 Local Government in Nigeria Exist to Only Pay Salaries

By Abdulazeez KurangaPosted on October 28, 2019Posted in ArticlesTagged IGR, Kwara State, Lagos State, local government, Nigeria, Personnel Cost, SalariesNo Comments

There have been different views on the activities of the 774 local government in Nigeria as the need to cut down expenditure arises while ensuring growth among all areas of the country. This article therefore seeks to provide empirical answers to the activities of local government in Nigeria based on their finances.