Macros
Macroeconomic data from Nigerian.
Only six banks account for 68.7% of total deposits in Nigeria
Net loans and advances increased by 3.19% to N3,023.61 billion as of June 2022
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FG records N6.2 trillion deficit in H1 2022 due to N2.1 trillion revenue shortfall
A report by the CBN noted that the overall deficit is indicative of an expansionary policy stance
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Nigeria to end up like Sri-Lanka if Fuel subsidy, Exchange rate not fixed- El-Rufai
Nigeria will end up like Sri Lanka if it does not implement reforms that tackle the issue of exchange rate...
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Nigeria’s inflation rate boils to 21.47% in November 2022
The increase can be attributed to increase in cost of importation due to the persistent currency depreciation
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CBN’s cashless policy will dampen economic activities – experts
They listed inadequate power supply and poor network services as hindrances to the working of the policy
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OFFICIAL: Nigeria has no plans to issue Eurobonds in 2023 – Zainab Ahmed
Nigeria's Minister of Finance, Zainab Ahmed, has confirmed that the government has no plans to issue Eurobonds in 2023.
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Christmas: Why returning Nigerians may not spend as much
The Nigerian diaspora plays an important role in the country's monetary policy through remittances
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Ghana inflation rate jumps to 50.3% in November 2022
The Ghana Statistical Service announced on Wednesday that the country's annual consumer inflation rose to 50.3% in November
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Naira depreciation forcing review of Standard Organisation Act- FG
Nigeria’s Naira loss in value against the US Dollar could trigger a review of the  Standard Organisation Act 2015
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Eurobond addiction in West Africa has a heavy price
A funded rescue plan needs to be developed to avoid a systemic debt disaster
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