September 5, 2024/CBN 1.0 Introduction The August 2024 Purchasing Managers’ Index (PMI) survey was conducted from August 12-16, 2024, to gauge the direction of economic activities in Nigeria for the month. The survey respondents were the company’s Purchasing and Supply Executives, drawn from the three sectors of the economy, namely: […]
OPINION/EDITORIAL
Fed Rate Cuts May Help Revive Bond Flows to Emerging, Developing Economies
(Credit: IMF Photo/Filmontary) September 5, 2024/IMFBlog By Paula Arias and Robin Koepke Capital flows to emerging market and developing economies went through several boom-bust cycles in recent decades, often partly driven by external developments such as monetary policy decisions in major advanced economies. During the recent global monetary tightening, inflows to many […]
Import Duty Waiver and Tax Exemptions on Select Food Items
September 5, 2024/CSL Research In August 2024, the President of the Federal Republic of Nigeria, through the Honourable Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, approved a regulation implementing a zero percent duty rate and Value Added Tax (VAT) exemption on select basic food items. This […]
