OPINION/EDITORIAL

Nigeria’s External Debt Payment Rises by 2% on Naira Volatility

November 14, 2024/FBNQuest Research The Debt Management Office’s (DMO) quarterly release on public debt shows that Nigeria’s total external debt payments increased slightly by +2% quarter-on-quarter (QoQ) but fell by -1% year-on-year (YoY) to US$42.9bn in Q2 2024. However, in naira terms, the rise in the nation’s stock of external […]

Growth in Sub-Saharan Africa is Diverging

(Credit: Andrew Caballero-Reynolds/IMF Photo) November 14, 2024/IMFBlog Sub-Saharan Africa is home to nine of the world’s top twenty fastest-growing economies this year. Such startling statistics, however, rarely feature in discussions of the region’s outlook. Instead, headline figures typically emphasize the relatively modest average economic performance. This disconnect reflects a two-track […]

Prepared Remarks before the Small Business Capital Formation Advisory Committee

November 13, 2024/US SEC Good morning. I’m pleased to speak with the Small Business Capital Formation Advisory Committee. As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange Commission, and I am not speaking on behalf of my fellow Commissioners […]