By Eyo Nsima The Central Bank of Nigeria, CBN, has disclosed that the deficit spending by the Federal Government fell by 21 percent, Month-on-Month, MoM, to N530 billion in October 2021, from N670.7 billion in September last year, due to a decline in interest payment on domestic debts. According to the CBN October 2022 Economic […]
Nigeria’s deficit spending drops by 21% to N530bn in October, says CBN Read More »
The Lagos Chamber, in fulfilling its role as an economic thinktank and an advocacy body reviews the economy at regular intervals through various events, platforms, and on various private sector issues. The Chamber, in 2022, considered various issues as they emerged looking at how these issues affected the business community and made very useful and
THE LCCI NEW YEAR STATEMENT ON THE ECONOMY 2023 Read More »
The Centre for the Promotion of private Enterprise [CPPE] is disturbed by the rushed passage of the 2022 Finance Bill by the National Assembly. It calls to question the representation role of the Assembly. There was practically no room for public hearing and engagement with stakeholders in the consideration of the bill. This is
HASTY PASSAGE OF THE 2022 FINANCE BILL Read More »
UPDATED: Nigeria’s top 3 GSM operators by market share By Eyo Nsima MTN, Globacom and Airtel have emerged as the top three GSM operators in Nigeria by market share in October 2022, according to the latest Nigerian Communication Commission, NCC data. In its data – Subscriber/Operator Data – obtained by The Daily, www.thedaily-ng.com, MTN leads others
UPDATED: Nigeria’s top 3 GSM operators by market share Read More »
BREAKING: MTN, Globacom, Airtel emerge Nigeria’s top 3 GSM operators by market share By Eyo Nsima MTN, Globacom and Airtel have emerged as the top three GSM operators in Nigeria by market share in October 2022, according to the latest Nigerian Communication Commission, NCC data. In its data – Subscriber/Operator Data – obtained by The
BREAKING: MTN, Globacom, Airtel emerge Nigeria’s top 3 GSM operators by market share Read More »
JUST IN: Nigeria’s number of active telephone connections rises by 112.47% By Eyo Nsima The number of active telephone connections, popularly known as teledensity, has risen month-on-month, MoM, by 112.47 percent to 214,696,227 in October 2022, from 212,201,578 recorded in the preceding month of September 2022, according to data – Subscriber/Teledensity – obtained from
JUST IN: Nigeria’s number of active telephone connections rises by 112.47% Read More »
The Centre for the Promotion of Private Enterprise (CPPE) presents its economic and business environment review for 2022 and sets agenda for policy makers for 2023. Macroeconomic Environment The macroeconomic environment is a key driver of costs, profits, competitiveness, productivity and investment growth. This review focusses on four key macroeconomic variables: inflation, foreign exchange, and
ECONOMIC REVIEW FOR 2022 AND AN AGENDA FOR 2023 Read More »
By Our Correspondent A few weeks after the Zero Covid Policy of China was lifted, Covid 19 is again running rampant in China, according to FleetMon. It stated: “The infection rate has risen dramatically, and the supply chain is again at risk of bottlenecks. There are about 5.43 million positive cases in Shanghai, and it
COVID-19: Supply Chain Stress Increases as Infection Rises in China Read More »
The Board of Directors of the African Development Bank Group on 15 December 2022 in Abidjan approved the Mauritius Country Strategy Paper for 2022-2027 and the implementation of the identified priority development areas. In addition to building economic resilience by improving the business environment and high value-added production, the Bank plans to focus its development
Mauritius: AfDB to help build sustainable infrastructure and economic resilience Read More »
The IMF Executive Board approved a 46-month arrangement under the Extended Fund Facility (EFF) for Egypt in an amount of about US$3 billion; Egypt’s IMF-supported program presents a comprehensive policy package to preserve macroeconomic stability, restore buffers, and pave the way for inclusive and private-sector-led growth. The package includes a durable shift to a flexible
IMF Executive Board Approves 46-month US$3 billion Extended Arrangement for Egypt Read More »
