Economic Update: June 2017

Economic Update

In this Economic Update report suggests that debt service is likely to exceed government’s target for the second year running. Budget 2017: Higher financing to trump revenue gain: Acting President, Yemi Osinbajo, signed the 2017 budget into law on the 19th of June. The budget tagged ‘Budget of Recovery and Growth’ proposed a 23% YoY […]

Fun holiday destinations to visit on a budget

holiday destinations

The Long holiday is here! Wondering how to wrap it up in style without delving too deep into your pocket? Visit any of these fun countries to experience true beauty and serenity. Not only is it more affordable than your usual holiday destinations, it does not require excessive planning and will offer you and your […]

Luxury on a budget: Tourist Attractions in Nigeria

Take your family on a vacation to any of the amazing tourist attractions in Nigeria. Not only is it more affordable than your usual holiday destinations, it requires less planning and will offer you and your family a completely new experience. See some suggested destinations below. Epe Resort and Spa It is situated at the […]

Nigerian Inflation – food pressures dictate CPI tone

Nigeria’s inflation decelerated for the fourth consecutive month in May 2017 to 16.25% YoY (Year on Year) as core inflation dropped sharply in line with our earlier surmise relating to pass-through from high base effect from elevated fuel prices in 2016. However, food remained at an elevated 19.3% YoY in the review month as structural […]

Economic Update: May 2017

economic update

In this Economic Update, we discuss recent developments and our expectation for same over the near term. Nigeria’s equity market received a kiss of life following the introduction of a market-driven FX window called the “Investors and Exporters FX window”. Foreign investors once shy of naira assets returned while their domestic counterparts followed suit, with […]

Build the tomorrow you want

“Build the tomorrow you cannot see, the tomorrow you want”, my father’s exact words … As I grow older, I understand that every activity is a puzzle piece for a bigger picture which has guided my journey all through life. Growing up I felt I had everything figured out, graduate at a certain age, get […]

If you’ve Ever Fallen For A Mumu Ponzi Scheme, Allow Us To Tell Your Story

Ponzi Scheme

So you’re sitting on your own, minding your business, listening to DavidO singing ‘THIRTY BILLION FOR THE ACCOUNT OH!’ http://res.cloudinary.com/big-cabal/image/upload/w_800,f_auto,fl_lossy,q_auto/v1490894423/bumptomusic_ur7c2h.mp4   And you’re there thinking about your last debit alert like Next thing, your phone is ringing, so you pick up like And somebody is telling you that you can make 200% more than what […]

Economic Update: March 2017

nigeria

In this Economic Update report, we discuss government’s economic recovery plan, expected Q1 17 GDP reading and impact of recent developments in currency market on inflation and fixed income market outlook. CBN sustains aggressive dollar sales: Following the raft of policy measures implemented by the apex bank in February, the CBN bolstered its campaign with further […]

Economic Update: February 2017

Economic update

In this economic update report, we discuss developments in Nigeria’s macroeconomic environment and financial market over February as well as delineate our expectations for the coming period. CBN’s new FX policy: a change of heart?: In February 2017, the CBN announced a raft of FX policy measures which includes the commencement of dollar sales for […]