May 30, 2023/CSL Research The House of Representatives and the Senate approved an amendment to the Central Bank of Nigeria’s (CBN) Act, raising the ceiling of Ways and Means Advances (WMAs) from the apex bank to 15% of Federal Government Revenue from 5% previously. The National assembly gave the approval […]
OPINION/EDITORIAL
Uninspiring GDP figures
May 26, 2023/Coronation Research The latest national accounts released by the National Bureau of Statistics (NBS) show that GDP grew by 2.3% y/y in Q1 ’23 compared with 3.5% y/y in Q4 ’22. Meanwhile, on a q/q basis, it contracted by -15.7%, reflecting slower economic activity compared with the preceding […]
Japa Syndrome: Impact of the Brain Drain on Nigeria’s Economy
May 26, 2023/CSL Research A Business Day report notes that based on the latest United Kingdom mid-year register of the Nursing and Midwifery Council, the number of nurses, midwives and nursing associates from Nigeria rose by 46.6% (10,639) in the 12 months to March 2023 from 7,256 in the same […]
