The Nigerian power sector continues to grapple with the age-long problems that have plagued the sector even before the privatisation exercise.
For the industry to thrive, the regulators may also need to deepen micro insurers' activities in the Nigerian economy.
Nigeria continues to face issues of poor revenue generation and a lack of will to efficiently manage its expenditure.
The World Bank's projection for Sub-Saharan Africa (SSA) is expected to grow by 2.7%, while the expected growth for Nigeria is set at 1.1% in 2021.
As at the end of 2019, the total value of unclaimed dividends stood at 158.44bn.
Over the years, the Federal Government has struggled to finance its budget mainly due to low revenue, which is susceptible to oil price volatilities.
The benchmark All Share Index gained for the sixth consecutive month, up higher by 14.0%.
Opening of the land borders is a welcome development as it will positively influence the prices of goods in the short to medium term.
On a m/m basis, the headline inflation index increased by 1.60% in November, 0.06ppt higher than October’s 1.54%.
For Nigeria, a combination of both higher oil prices and lower production cuts is needed to fund the country’s 2021 budget.