infrastructure

Nigeria Economic Update (Issue 26)

The total value of capital importation into Nigeria amounted to US$ 8.49 billion in the first quarter of 20191. This represents a significant increase of 216% relative to 2018Q4 and   about 35% growth when compared to the corresponding quarter in 2018. The largest amount of capital importation by type was received through portfolio investment, which […]

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Nigeria Economic Update (Issue 23)

In the first quarter of 2019, total foreign trade increased to N8.24 trillion1. This figure is 2.5% higher compared to 2018Q4 and 7.5% higher relative to the corresponding quarter in 2018 (2018Q1). The boost in trade resulted from increased values of both imports and exports. The value of total imports increased to N3.70 trillion, representing […]

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Is a debt crisis looming in Africa?

concerns about an impending debt crisis in Africa are rising alongside the region’s growing debt levels. As of 2017, 19 African countries have exceeded the 60 percent debt-to-GDP threshold set by the African Monetary Co-operation Program (AMCP) for developing economies, while 24 countries have surpassed the 55 percent debt-to-GDP ratio suggested by the International Monetary […]

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