Updates

IMF Deputy Managing Director Tao Zhang to Leave the Fund

June 7, 2021/IMF International Monetary Fund Managing Director Kristalina Georgieva announced today that Deputy Managing Director Tao Zhang intends to conclude his service when his term expires on August 20, 2021. Mr. Zhang was appointed to a five-year term in August 2016. “For the past five years, Tao has been […]

OPAN Seeks Immediate Lifting Of Twitter Ban In Nigeria

June 7, 2021/OPAN The Online Publishers of Nigeria (OPAN), Nigeria’s premier association of new media and online new publishers has urged the federal government to immediately reverse the ban on Twitter operations in the country and stop infringing on the rights of citizens to freely express themselves. In a statement […]

Q4 2020: A Sequence of Current Account Deficits

June 7, 2021/Proshare by FBNQuest Research Nigeria’s current-account deficit deteriorated in Q4 ’20 from a downwardly revised -3.6% to -4.7% of GDP. Expectations of a better performance were undone by the resilience of merchandise imports, which increased by USD1.7bn in the quarter. Nigeria is relatively new to regular deficits on […]