September 22, 2023/FBNQuest Research According to the latest data on broadband connections provided by the Nigerian Communication Commission (NCC), Nigeria’s broadband internet subscription was flat m/m at 89.7 million in Jul ’23, indicating a broadband penetration rate of 47.0%. However, on a y/y basis, it shows a modest growth of […]

September 22, 2023/CSL Research Based on the recent data released by the Debt Management Office (DMO), Nigeria’s total debt stock for the period ending June 30th, 2023, rose to N87.38 trillion (US$113.42 billion), an increase of 75.29% from N49.85 trillion (US$108.30 billion) recorded at the end of March 2023. The […]

(Credit: Abdulsalam Alturki/UNICEF) September 21, 2023/IMFBlog By Tobias Adrian, Franck Bousquet, Dominique Desruelle, Vitor Gaspar, and Bert Kroese Fragile and conflict-affected states have been among the worst hit by the pandemic, Russia’s war in Ukraine, the increase in energy and food prices, climate change, and intensified political instability. Each new crisis aggravates underlying fragilities […]