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 […]
Updates
May 2021 Macro & Markets Update
June 7, 2021/InvestmentOne Report Please click to view the May 2021 Macro & Markets Update · In the outgone month, oil prices continued to recover as decent economic data from US, China and other major economies supported Brent oil to US$69.32 per barrel (+3.83%m/m). · With the Biden administration unveiling […]
Nigeria’s Total Trade is 6.99% higher in Q1 2021-NBS
June 5, 2021/NBS Key Highlights Trade The value of total trade was 6.99% higher in Q1 2021 compared to Q4 2020 and 14.13% higher than the value recorded in Q1, 2020. Imports The value of total imports rose by 15.61% in Q1, 2021 compared to Q4, 2020 and 54.30% compared […]
