OPINION/EDITORIAL

Beyond Bits and Bytes: Y/Y Increase in Internet Subscriptions

January 18, 2024/Coronation Research According to the latest data released by the Nigerian Communications Commission (NCC), internet subscriptions stood at 159 million in August ’23, reflecting a 4.4% y/y increase. Meanwhile, on a m/m basis, internet subscriptions declined marginally by -0.3%. Internet subscriptions remain resilient despite visible changes in consumption patterns. […]

US Commercial Real Estate Remains a Risk Despite Investor Hopes for Soft Landing

(Credit: Portra/iStock by Getty Images) January 18, 2024/IMFBlog By Andrea Deghi, Fabio Natalucci, and Mahvash S. Qureshi The commercial real estate sector has been under intense pressure globally as interest rates have risen over the past couple of years. In the United States, with the largest commercial property market in the world, […]

GDP: Consolidating on Reforms

January 18, 2024/CSL Research Yesterday, we published our outlook for the economy and the financial markets. For growth, we forecast a moderate improvement in GDP growth to 3.37% in 2024 from an expected 2.55% in 2023. In the last 8 years, the Nigerian economy has been embattled, stemming from external […]