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COVID-19 is Reducing Domestic Remittances in Africa: What does it Mean for Poor Households?
The amount remitted by migrants from Sub-Saharan Africa (SSA) has grown tenfold in two decades, from $4.8 billion in 2000 to $48 billion in 2018. This reflects a steady increase in the number…
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The Inflation Interplay in Nigeria
Five years ago, 5 naira and 10 naira currency were a significant part of our national denomination, and you could walk into any shop and get sweets, biscuits for that amount. This same…
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Impact of COVID-19 on the Nigeria Real Estate and Housing Sector
It is no doubt that the commercial real estate is the hardest hit of all in the property sector during this pandemic. The hotels, retail space, convention centres were all shut down, except…
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Analysis of the Debt Profile of Nigerian States
Analysis into the domestic debt profile of the 36 states and FCT shows that Lagos state with total debt of N444.23 billion has the highest domestic debt stock outstanding among the states and…
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How Nigerian Banks Performed in 2019
Here is an analytics of the financial performance of the 14 listed banks on the Nigerian Stock Exchange based on their 2019 financial report.
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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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Five Things we Learnt from the 2019 NBS Poverty and Inequality Report
5 Key things you should know about the poverty situation in Nigeria based on the Nigerian Living Standards Survey.