May 14, 2020/IFAD by Olusegun Obasanjo and Hailemariam Desalegn Boshe Africa has so far escaped the worst health consequences of the COVID-19 pandemic. However, the continent looks like it could be the worst hit from the economic fallout of the crisis: 80 million Africans could be pushed into extreme poverty […]

Culled—Proshare May 13, 2020 By FBNQuest Research                                                                                   Power shortages in Nigeria significantly impede growth and development. Industry sources suggest that the lack of access to reliable electricity costs Nigeria an estimated US$29bn per year. According to the Transmission Company of Nigeria, poor gas supply to power stations has persisted. This […]

Culled—Proshare May 13, 2020 By CSL Research A Business Day article reports that Nigerian manufacturers are struggling to stay in business because foreign exchange shortage caused by the collapse in oil prices means they can’t import raw materials. According to the report, Members of the Manufacturers Association of Nigeria have […]