OPINION/EDITORIAL

The New Forex Ban and its Short Term Market Reaction

August 5, 2021/Proshare By FDC Ltd The CBN in a twist of events has discontinued its forex sale to BDCs with immediate effect. This announcement was made by the CBN Governor during the question and answer segment of the recently concluded monetary policy committee meeting on July 27.  Immediate Reaction […]

Agriculture: Sustained Growth amidst Perennial Bottlenecks

August 5, 2021/United Capital Report The agriculture sector remains a key interest sector in Nigeria’s plans to diversify its economy. Despite increased interventions from policymakers, the sector’s output has remained largely underwhelming over the last three years, with an average growth rate of 2.2%, owing largely to low mechanization levels, […]

Nigeria’s Petroleum Bill Could Boost Long-Term Oil Production

August 4, 2021/Fitch Ratings The passage of Nigeria’s proposed Petroleum Industry Bill (PIB) could have positive long-term effects for both Nigeria’s public finances and oil & gas production, but the impact will depend on details of implementation, and the bill is unlikely to have a significant near- to medium-term impact […]