General news on the economy and politics.
Productivity-enhancing reforms are required for quick economic recovery – World Bank
2021 budget: Lagos to fund deficit of N192.49 billion with internal, external loans
Lagos to spend 60% of N1.16 trillion budget on capital projects
Nigeria’s GDP growth to rebound between 1.7% and 2.0% in 2021 – United Capital report
Slower recovery in key markets will drag growth in Sub-Saharan Africa in 2021- United Capital report
FG to create “Special Instruments” as part of plans to formalize its borrowing from CBN
Senate President says PIB will increase Nigeria’s oil revenue
FG posts 27% revenue shortfall in 2020 as budget deficit hit N6.1 trillion
FG borrows N2.8 trillion from CBN via Ways and Means
Global economy to grow to 5.2% in 2021 – Cordros Capital
Output of Sub-Saharan Africa dipped by 3.7% in 2020 due to COVID-19 – World Bank