OPINION/EDITORIAL

Q2-21: Base Effect Flatters Growth; Modest Improvement Expected in Q3-21

August 26, 2021/Cordros Report The recently released Q2-21 GDP report by the National Bureau of Statistics (NBS) showed that Nigeria recorded the third consecutive quarter of growth as the low base effect from the prior year magnified the impact of the sustained reopening of the economy. Specifically, real GDP grew […]

Anchor Borrowers’ Programme: Progress Appears Increasingly Uphill

August 26, 2021/CSL Research Background to the Anchor Borrowers’ Programme: The CBN in line with its developmental function established the Anchor Borrowers’ Programme (ABP) on November 17, 2015. The program creates a linkage between anchor companies that are involved in the processing and smallholder farmers (SHFs). The aim is to […]

Nigeria GDP in Focus, Jackson Hole Looms

August 25, 2021/cmc connect By Lukman Otunuga, Senior Research Analyst at FXTM Confidence over the health of the largest economy in Africa will be influenced by the pending second-quarter GDP report for 2021. Markets expecting Nigeria’s economy to expand anywhere from 1% to 3%, representing a significant recovery from the […]