February 24, 2023/CSL Research The manufacturing sector grew modestly by 2.45% in 2022, reflecting the negative impact of CBN’s hawkish rendition, especially in the second half of the year. In fact, the sector contracted by 1.91% in Q3 2022, the first contraction since covid hit in 2020. The manufacturing sector […]

February 23, 2023/Cordros Report According to the recently released GDP report by the National Bureau of Statistics (NBS), the domestic economy surprised positively, growing by 3.52% y/y in Q4-22 (Q3-22: +2.25% y/y). The outturn outperformed Cordros’ (+2.72% y/y) and Bloomberg’s (+2.50% y/y) consensus estimates, with the deviation stemming from a […]

(Credit: Xijian/iStock by Getty Images) February 23, 2023/IMFBlog By Tobias Adrian, Tommaso Mancini-Griffoli Crypto assets have been more of a disappointment than a revolution for many users, and global bodies like the IMF and the Financial Stability Board urge tighter regulation. Some of the rapidly evolving technology behind crypto, however, may […]