July 30, 2021/CSL Research According to data released by the National Bureau of Statistics (NBS), Capital importation into Nigeria in Q2 2021 declined 54.1% q/q to US$0.88bn, the lowest since Q1 2016. The decline reflects continued foreign investors’ risk aversion towards Naira assets and weak confidence due to FX liquidity […]
OPINION/EDITORIAL
A Narrowing of the Current Account Deficit in Q1 2021 from -4.7% to -1.8% of GDP
July 30, 2021/Proshare By FBNQuest Research Nigeria’s current-account deficit narrowed in Q1 ’21 from -4.7% to -1.8% of GDP. This was the result of lower net outflows for trade, services and income, together with a welcome pick-up in net transfers (workers’ remittances and general government transactions). Nigeria is fairly new […]
Africa: Competition in the Digital Economy
July 29, 2021/Baker McKenzie Johannesburg By Lerisha Naidu, Partner, and Angelo Tzarevski, Senior Associate, Competition and Antitrust Practice, Baker McKenzie Johannesburg Digitisation has ushered in an era of hyper-connectivity, marked by disruptive digital platforms that operate on a global scale. According to Refinitiv data, 37 cross-border merger and acquisition (M&A) […]
