October 11, 2024/CSL Research A news report says the Federal Government has officially launched a new online platform allowing Nigerians to convert their petrol-powered vehicles to Compressed Natural Gas (CNG) with the option of deferred payment. This initiative, aimed at easing the transition to cleaner energy, was announced by the […]
OPINION/EDITORIAL
When Foreign Exchange Intervention Can Best Help Countries Navigate Shocks
(Credit: malija/iStock by Getty Images) October 10, 2024/IMFBlog By Suman Basu, Sonali Das, Olamide Harrison, and Erlend Nier With major central banks now cutting policy rates, the global interest rate cycle is turning. This shows how far the fight against inflation has come in many advanced economies. But with economic uncertainty still […]
Foreign Investments in the Telecoms Sector Rise in Q2 2024 Y/Y
October 10, 2024/CSL Research The Nigeria Bureau of Statistics capital importation data showed the telecoms sector attracted investments worth US$ 113.42m in Q2 2024 compared to the US$25.81m recorded in Q2 2023, a significant increase of 439.46% y/y. However, Quarter on quarter, foreign capital inflow into the telecoms sector decreased […]

