May 24, 2021/Proshare by CSL Research The Manufacturing sector’s real GDP turned positive at a rate of 3.4% y/y in Q1 2021 following three consecutive quarters of negative growth since the last positive growth in Q1 2020 (0.4% y/y) and marking the highest growth recorded since Q1 2018. The improvement […]
OPINION/EDITORIAL
Fit for Purpose—Adapting IMF Advice to a New Economic Landscape
May 24, 2021/IMFBlog By Fabian Bornhorst and Ceyla Pazarbasioglu The International Monetary Fund is responding to the policy challenges of a fast-changing global economy still reeling from the COVID-19 crisis: it is modernizing the way it provides its regular policy advice to member countries—a process known as surveillance. The regular […]
Nigeria Q1-21 GDP: Economy Consolidates on Tepid Recovery in Q4-20; Sustained Growth Expected in Q2-21
May 24, 2021/Cordros Report In line with our expectation, Nigeria’s economy consolidated on the tepid recovery in Q1-21, with the recently released GDP report showing that economic activities expanded by 0.51% y/y (Q4-20: +0.11% y/y). The outturn is 43bps below our estimate (0.94% y/y) and 39bps below Bloomberg’s median consensus […]
