February 17, 2021 By Sunday Adebayo It is no longer news that Abdulrasheed Bawa is on his way to becoming the new chairman of the Economic and Financial Crimes Commission, EFFC as nominated by President Muhammadu Buhari, pending the Senate’s approval. This relatively unknown young man appears to be the […]
OPINION/EDITORIAL
Inflation Crosses 16.4% to a 4-yr High
Culled—Proshare February 16, 2021/Proshare by FDC Ltd Once again, Nigeria’s headline inflation data came in higher than expected, rising to record levels. January’s headline inflation increased by 0.72% to 16.47%, from December’s figure (15.75%) and 0.27% above our forecast (16.2%). This is the 17th consecutive monthly increase and the highest […]
When it Comes to Services vs. Manufacturing, Words Matter
February 16, 2021/IMFBlog By Reda Cherif and Fuad Hasanov Efforts to revive national manufacturing sectors get a lot of airtime. After all, the sector propelled many East and South East Asian economies—the so-called “East Asia Miracle”—and was a gateway to the middle class for millions of workers. However, for all […]
