May 17, 2024/United Capital Research Anglophone West Africa (WAEMU) Nigeria FG may need supplementary budget to pay minimum wage – IMF. IMF has recommended that Nigeria may need to raise a supplementary budget to accommodate the proposed minimum wage increase for workers. This is because the negotiated amount may surpass […]
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Friends of the Earth but not Friends of Africa: How an Environmental Group is Deepening African Energy Poverty
Friends of the Earth continue to disrupt any meaningful progress towards making energy poverty history, and the African Energy Chamber condemns this direct attack on Africa’s development May 17, 2024/AEC The second annual Invest in African Energy Forum was held in Paris from May 14-15, uniting over 750 African officials […]
Currency in Circulation Rises 130% Y-o-Y, Reaching an All-Time High of N3.87trn in March 2024
May 17, 2024/CSL Research As of March 2024, the Central Bank of Nigeria (CBN) statistics revealed significant changes in the country’s money supply. Currency in circulation (CIC) rose by 130%, reaching N3.87trn in March 2024, up from N1.68trn in March 2023. Month-on-month (M-o-M), CIC rose by 4.76%, setting a historical […]
