September 4, 2016/NBS Telecommunications in GDP and growth In real terms, the telecommunications sector contributed N 1,580 billion to GDP in the second quarter of 2016, or 9.8%, which represents an increase of 1.0% points relative to the previous quarter. This is the largest contribution to GDP made from this […]
Updates
Fitch Affirms Nigeria’s Lagos State at ‘B+’; Outlook Stable
(Fitch Ratings made the following Statement on Friday September 02, 2016) Fitch Ratings has affirmed Lagos State’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘B+’ with Stable Outlook and Short-Term Foreign Currency IDR at ‘B’. The National Long-Term Rating has also been affirmed ‘AA+(nga)’, with Stable Outlook. […]
AMF, IMF, World Bank Group launch Report on withdrawal of Correspondent Banking Relationships in the Arab region
Sept 5, 2016/IMF The Arab Monetary Fund (AMF), the International Monetary Fund (IMF) and the World Bank are pleased to announce the publication of a report on the findings of a survey on the withdrawal of Correspondent Banking Relationships (CBRs) in the Arab region. This survey, which was undertaken from […]
