March 18, 2021/Proshare By FBNQuest Research At end-December the FGN’s domestic debt stock totalled NGN16.02trn (USD40.7bn at the NAFEX rate of 30 December), equivalent to 10.5% of the year’s GDP. The stock increased by NGN180bn in the quarter and NGN1.75trn over 12 months. Outstanding FGN bonds increased by NGN1.31trn in […]
OPINION/EDITORIAL
The Future of Asia: What a Difference a Year Can Make
March 17, 2021/IMFBlog By Chang Yong Rhee and Katsiaryna Svirydzenka The Sydney Opera resumed live performances and the city of Melbourne recently hosted the Australian Open tennis tournament with fans (mostly) in attendance. Japan is back to planning the delayed 2020 Summer Olympics, while China focuses on the Beijing 2022 […]
US $1.9tn Stimulus… Positive for Nigeria?
March 17, 2021/United Capital Research On 6th March 2021, Joe Biden signed a $1.9tn COVID-19 relief bill (the 3rd major stimulus package passed in the U.S. since the start of the pandemic). The bill aims to act as a catalyst to spur U.S economic recovery to pre-pandemic levels by 2022. […]
