The National Bureau of Statistics (NBS) has revised the size of Nigerian economy to about N81.009 trillion following it latest final rebasing of the country’s Gross Domestic Product (GDP), using the Expenditure Approach between 2010-2013. This represented a marginal increase from the projected N80 trillion in 2013 when the output […]

Effort by the Central Bank of Nigeria (CBN) to make the Nigerian economy cashless, received a boost yesterday, with the introduction of the nation’s first non-bank credit card. Following the launch, O3 Capital Nigeria Limited, promoters of the product became the first non-bank credit card issuer in Nigeria. Briefing journalists, […]

August 28, 2014 by iMFdirect By Deniz Igan  Something unusual happened this year. For the first time in almost ten years, a book by an economist made it to Amazon’s Top 10 list. Thomas Piketty’s Capital in the Twenty-First Century captured the attention of people from all walks of life […]