(Credit: Real Moment/Adobe Stock) September 25, 2023/IMFBlog By Christian Ebeke and Florence Jaumotte Many emerging market and developing economies face threats to economic growth and limited policy space due to high inflation, rising debt, and balance of payments pressures. These challenges mounted during the pandemic and were further intensified by Russia’s war […]

September 25, 2023/CSL Research Money Supply statistics from the Central Bank of Nigeria (CBN) for July 2023 showed that currency in circulation decreased month-on-month marginally by 0.29% in July to N2.59trn from N2.60trn as of June 2023. Also, currency outside banks declined month-on-month by 2.39% to N2.21trn (representing 85.10% of […]

September 22, 2023/Coronation Research According to Nigeria’s Debt Management Office (DMO), total public debt increased by 75% q/q or N38.5trn to N87.4trn at end-June ’23. On a y/y basis, public debt increased by 104%. As at end-June ’23, public debt was equivalent to 43.7% of 2022 nominal GDP. This is […]