September 5, 2024/FBNQuest Research Nigerian Communications Commission data shows broadband trends over the past two years, with broadband penetration peaking at 48.5% in Feb ’23, dropping to 40.8% in September 2023, and rising subsequently. Despite a 2.5% y/y increase in subscriptions to 94.2 million in March 2024, penetration fell by […]
OPINION/EDITORIAL
Index Rises from 49.7 Points in July 2024 to 50.2 Points in August 2024-CBN PMI Report
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: […]
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 […]
