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 […]
OPINION/EDITORIAL
Technology Behind Crypto Can Also Improve Payments, Providing a Public Good
(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 […]
Nigeria’s Economy Maintain Growth Trajectory as GDP Grew by 3.52% y/y in Q4-22
February 22, 2023/Cordros Update The National Bureau of Statistics (NBS) recently released Nigeria’s GDP numbers for Q4-22, with domestic economic activities growing by 3.52% y/y (Q3-22: +2.25% y/y | Q4-21: +3.98% y/y). For 2022FY, real GDP grew by 3.10% (2021FY: +3.40%). The growth outturn outperformed Cordros’ estimate (+2.72% y/y), owing […]
