Tag: CFG Advisory
Nigeria’s Vice President, Yemi Osinbajo says the tech sector received investments worth $377 million between 2018 and 2019. Osinbajo further noted that the focus of the Nigerian government on its digital sector is vital to its overall socio and economic wellbeing. However, the World Bank says for countries like Nigeria, the digital economy offers opportunities, but also brings risks of being left behind. Tliewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.
Nigeria's National Bureau of Statistics has released the country’s unemployment data for the first time in nearly two years. Nigeria's statistics office pegged its unemployment rate at 27.1 per cent in the second quarter of the year up from the 23.1 per cent reported in the third quarter of 2018. Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.
The World Bank says the collapse in oil prices coupled with the COVID-19 pandemic is expected to plunge the Nigerian economy into a severe economic recession, the worst since the 1980s. Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.
Nigeria’s President Mohammadu Buhari has expressed displeasure about Francophone West Africa’s adoption of the Eco in replacement for its CFA Franc ahead of other ECOWAS Member States. Buhari says it was a matter of concern that people with whom others wished to go into a union were taking major steps without trusting their counterparts for discussions. Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.
With a further revised 2020 budget and crude oil benchmark, how is Nigeria bracing up to the challenge of the Covid-19 pandemic? Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for the discussion ahead of president Buhari's address to the nation today.
CFG Advisory says the pandemic shock and the naira devaluation are expected to have a negative impact on the Nigerian economy. Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.
Nigeria's Minister of Finance, Budget and National Planning, Zainab Ahmed says the 2020 budget may be revised if government revenues are significantly impacted by the coronavirus outbreak. Meanwhile, CFG Advisory is recommending a major policy overhaul for Nigeria to reduce its revenue vulnerabilities and budget deficits. Tilewa Adebajo the CEO of CFG Advisory who was also a former Senior Technical Adviser to the Minister of Industry Trade and Investment joins CNBC Africa for more.