Economy
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Continuous Increase in Inflation Rate: What will the CBN Do?
Nigeria's Headline inflation increased by 12.4% (year-on-year) in May 2020, 6bps (0.06%) higher than the rate recorded in the previous month (12.34%), marking a ninth consecutive month of increase in inflation since August…
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The Global Economic Reset- Promoting a More Inclusive Recovery
By Kristalina Georgieva The COVID-19 crisis is inflicting the most pain on those who are already most vulnerable. This calamity could lead to a significant rise in income inequality. And it could jeopardize…
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Capital Importation in Nigeria: Why is FDI so Low?
In a recent publication by the NBS, total value of capital imported into the country stood at $5,854.38m in Q1 2020. This represents an increase of 53.97% compared to Q4 2019 and -31.19%…
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Global economy on a Tripod: Deflation, Inflation and Recession in 2020
From economic theories, one characteristics of a recession is that price level of goods and services will become low. If this should go by and considering that economic theories are in favour of…
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The Economics of Printing the Naira
This article explains why the idea of printing more money is unfounded given the state of the Nigerian economy.
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2019 States IGR Report: States are not Taxing the Informal Sector Enough
65% of the total revenue of the 36 states and the FCT in 2019 came from FAAC while the remaining 35% came from IGR of the states. From the IGR, over 60% came…
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Nigerians in Canada: Landed Permanent Residents as at 2019 is Likely to be Approximately 75,938
This thread will be looking at Population breakdown of Nigerians in Canada, Population in select cities & industry in such cities, Yearly number of landed immigrants from 2006, Notable Stores & Restaurants in…