As Nigeria joins the rest of the world in grappling with the COVID-19 pandemic (“the pandemic”), the Federal Government declared curfew in three major States of the Federation and restricted interstate travel. Prior to this, several organisations had commenced remote working as precautionary measures against the spread of the virus. The statutory, regulatory and contractual...
The National bureau of statistics (NBS) in its latest Gross Domestic Product (GDP) report has it that the Nigerian grew by 1.87%(year-on-year) in real terms in quarter 1 2020 (Q1). The performance recorded in Q1 2020 represents a drop of –0.23% points compared to Q1 2019 and –0.68% points compared to Q4 2019. Quarter on...
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In the Gross Domestic Product (GDP) result for 2019 released today by the National Bureau of Statistics (NBS), Nigeria’s GDP grew by 2.55%(year-on-year) in real terms in the fourth quarter of 2019, Compared to the fourth quarter of 2018 which recorded a growth rate of 2.38%. This represents an increase of 0.17% points and an...
The Corona Virus (COVID-19) which has been declared a global pandemic by the World Health Organization (WHO), has its effects for the global economy and by extension, the Nigerian economy. The pandemic which started in China has led to disruptions in international trade with the aviation and tourism sector(s) as worse hit, sharp reduction in...
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The French President, Emmanuel Macron, will welcome leaders from all over Africa in Bordeaux for the Africa France Summit in Bordeaux, France in 2020. The Summit tagged sustainable cities, aims to develop new long-term partnerships, with the shared ambition of building lasting innovative urban ecosystems that stimulate maximum economic activity for minimal investment. There can...
The 2020 Africa-France Summit is an opportunity to bring together stakeholders from institutions (French and African heads of state and government), the public sector (relevant ministries, mayors, governors and heads of regional councils, government agencies, international and regional organizations) and financial institutions (banks, insurance firms, investment funds, foundations and multilateral, regional and bilateral funds), private...
