March 12, 2021/Proshare By FDC In a bid to sustain the increase in Diaspora remittances into the country, the Central Bank of Nigeria (CBN) has introduced a ‘Naira-4-Dollar’ promo. The promo, which takes effect from March 8, 2021 and ends on May 8, 2021, offers recipients of Diaspora remittances N5 […]
OPINION/EDITORIAL
Assessing the CBN’s Attempts in Leveraging Remittances
March 12, 2021/Cordros Report Over the last year, the Central Bank of Nigeria (CBN) has found it challenging to maintain the rate within a tight band of the official rate within its managed-float system. In recent months, the apex bank has issued a substantial array of policy pronouncements to improve […]
Prospects for U.S. Sips & Snacks in Sub-Sahara Africa
March 11, 2021/usda/.gov “Sips” (such as wine, beer, and spirits) and snacks (including potato chips, baked foods, fruit and nut mixes, and peanuts/peanut butter) are growing segments of sub-Saharan Africa’s food and beverage industry, particularly in Ghana, Nigeria, Kenya, and South Africa. Despite relatively subdued economic growth due to COVID-19 […]
