(Credit: Viktor-Gladkov/iStock by Getty Images) July 22, 2024/IMFBlog By Tobias Adrian, Fabio Natalucci, and Jason Wu In our blog at the beginning of this year, we flagged that emerging markets were navigating high global interest rate volatility. We also noted that while emerging markets have thus far remained resilient, rising uncertainty […]

July 22, 2024/CBN The Nigerian economy-maintained growth at a slower pace in 2023 despite facing global and domestic headwinds. Gross Domestic Product (GDP) growth decelerated to 2.74% from 3.40% and 3.10% recorded in 2021 and 2022, respectively, indicating a continued decline in annual output growth following the recovery from the […]

July 22, 2024/CSL Research A total sum of N1.35trn was shared by the Federal Government (N459.7bn), States (N461.9bn) and Local Government Councils (N337bn) at the Federal Account Allocation Committee (FAAC) meeting in July. The total sum, which is 18.3% higher than the previous month’s distributable revenue of N1.14trn comprised; distributable […]