Uncategorized

Q1 2018 GDP Figure: Still Miles Away From An Escape Velocity

Culled—Proshare May 23, 2018/Proshare Research Price Dynamic  Fig 1:  Movement in Market and Constant Prices Source: NBS The recently published national account figures for the first Quarter of 2018 by the Nigerian National Bureau of Statistics showed that the Gross Domestic Product at market prices stood at N28.70 trillion at […]

Nigeria’s MPC Retains Rate at 14% Tenth Consecutive Time

By Peter OBIORA  InvestAdvocate Lagos (INVESTADVOCATE)-The new Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday decided to retain Nigeria’s Monetary Policy Rate (MPR) at 14 percent for the tenth consecutive time. Similarly, the MPC retained the Cash Reserve Ratio (CRR) at 22.5 percent and the […]

Korea is a model for Africa’s industrialization, says President Adesina

May 21, 2018/AfDB The 53rd Annual Meetings of the African Development Bank (www.AfDB.org) opened in Busan, Korea, on Monday with a call on African Governments to create the right environment for the private sector to lead the continent’s industrial revolution. Participants also advocated for a balance between the role of […]