Saturday, December 3, 2022

Economic Outlook

Crypto Ban In Nigeria – What Exactly Do You Think The Government Is Trying To Do Or Stop? Naijaloaded

Crypto Ban In Nigeria You all must have seen CBN’s valentine love letter to banks about bitcoin and other cryptocurrency – The matter shock you abi?😳 Walahi, e shock me too say economy wey dey struggle dey ban cryptocurrency trading but...

Inaccurate data, govt interference, inefficiency threaten power supply – GENCOs

THE Electricity Generation Companies, GENCOs, have identified inaccurate data, government interference, and inefficiency as major factors, currently affecting power supply in the country. In a report obtained by NewsLodge, the GENCOs explained that the power sector is in dire need...

Developing Asia’s growth prospects dim amid U.S.-China trade conflict

Escalating trade tensions between China and the U.S. have dampened prospects for developing Asia, with the region’s economy expected to grow slower than predicted this year and in 2020, the Asian Development Bank (ADB) said on Wednesday. The Manila-based ADB...

Bankers Committee unveils N200bn fund for 5 cash crops

The Bankers Committee yesterday announced a N200 billion credit facility to boost production and export of five cash crops. The cash crops are Coaca, Oil Palm, Shea Butter, Sesame Seed and Cashew. The Committee also said it would soon announce...

Mounting concerns over Nigeria’s weak disposable income

Concerns have continued to mount over continuous depletion in the country’s disposable income, which stood at N30 trillion as at second quarter (Q2’18). Analysts at FSDH Merchant Bank expressed the concern in a report themed: “Policies to Increase National Disposable...
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