More growth is expected in data and voice subscriptions, as smartphone adoption and covid-19 disruptions persist.
Amid tepid growth, rising inflation and unemployment, the economy sits in a precarious position that requires urgent and strategic efforts.
The CBN Governor had expressed optimism last year that the country was going to come out of recession in Q4 of 2020.
Nigeria is set to rebase its GDP in the later part of 2021, the Statistician-General of the Federation has revealed.
In Q4 standalone, the foreign inflows stood at US$1.07bn, a 71.9% decline y/y.
26 states of the Nigerian federation failed to attract investments in the whole of 2020.
Globacom’s remarkable performance in the sector is believed to be a result of the continuing network upgrade...
On a m/m basis, the headline inflation index increased by 1.60% in November, 0.06ppt higher than October’s 1.54%.
The National Bureau of Statistics (NBS) released the GDP report for Q3 2020 which officially confirmed the economy has slipped into a recession.
The survey is part of a World Bank global effort to support countries in their data collection efforts to monitor the impacts of COVID-19.
