February 28, 2017/Cordros Research Click here to download full report from NBS The National Bureau of Statistics (NBS) just released Nigeria’s Q4-2016 GDP growth estimate. Real GDP contracted by 1.3%, 20bps lower than Bloomberg’s compiled median estimate of -1.5%. This marks the first year round negative growth since 1987 (prior […]
Updates
Call for candidates for 7th Orange Social Venture Prize in Africa, Middle East
February 28, 2017/Orange Applications for the 7th edition of the Orange (www.Orange.com) Social Venture Prize in Africa and the Middle East (OSVPAM) are being accepted until 6 June 2017 21:00 GMT in the “Orange Social Venture Prize” pages of the website www.EntrepreneurClub.orange.com. As in previous years, the OSVPAM will be […]
Nigeria reacts positively to a forex crisis of confidence and liquidity
Culled—Proshare February 27, 2017/FDC Economic Deterioration 2014 – 16 Currency Misalignment Fair value: N340 · Market premium= 40% of N340 · Parallel market should not trade above market premium + fair value · i.e approx. N476/$ – target rate for parallel market Multiple Exchange Rates Announces new policy on […]
