November 25, 2024/Cordros Report According to the National Bureau of Statistics (NBS), Nigeria’s economy maintained its growth momentum in Q3-24, with real GDP growing by 3.46% y/y (Q2-24: +3.19% y/y). The growth outturn is 50bps and 60bps higher than Cordros’ (+2.96% y/y) and Bloomberg’s median consensus (+2.86% y/y) estimates, respectively. […]
OPINION/EDITORIAL
How Vanuatu Can Return to Sustainable Growth After Airline Bankruptcy
(Credit: Samantha Bailey/iStock by Getty Images) November 25, 2024/IMFBlog Vanuatu, the Pacific archipelago nation of about 350,000 people between Australia and Fiji, finds itself at a crucial crossroads. The IMF’s recent staff report on Vanuatu reveals an economy grappling with a series of shocks: two destructive tropical cyclones last year; the fallout […]
MPC Meeting: Another 50bps Rate Hike on the Cards
November 22, 2024/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is set to convene for the final meeting of the year on 25 and 26 November. Since the last meeting in September, inflation has taken a sharp turn upward, rising for two consecutive months […]
