Tag: Nonso Obikili
Nigerians will start paying a new 7.5 per cent Value Added Tax (VAT) on products as part of over 90 changes to 7 tax laws as the newly signed Finance Bill becomes law. Meanwhile, as Nigeria’s Economic Recovery Growth Plan winds down this year, local papers say a new plan is underway. Nonso Obikili, Director of Turgot Centre for Economics and Policy Research joins CNBC Africa from Abuja for more.
Nigeria’s Manufacturing Purchasing Index stood at 58.2 index points in October indicating an expansion in the manufacturing sector for the thirty-first consecutive month. Meanwhile, consumers’ overall confidence outlook rose in the third quarter of the year as more consumers were optimistic in their outlook. Nonso Obikili, Director at Turgot Centre for Economics & Policy Research joins CNBC Africa from Abuja to assess the operating environment for businesses in Nigeria.
World Bank’s Vice President for Africa, Hafez Ghanem says Nigeria has approached the International lender for a $2.5 billion concessionary loan. To discuss concerns around Nigeria’s rising debt, Nonso Obikili, Director of Turgot Centre for Economic Policy & Research joins CNBC Africa for more.
Finally! Nigeria's Presidency says it will sign the Africa Continental Free Trade Agreement (AfCFTA) this weekend at the African Union summit in Niamey. Meanwhile, total capital imported into Nigeria in the first half of the year rose 34.6 per cent to $8.5 billion year-on-year. Nonso Obikili, Director at Turgot Centre for Economics and Policy Research joins CNBC Africa for more.
The operational phase of the African Free Trade Continental Agreement is expected to kick off fully in July. Seeing as Nigeria is yet to sign up to the agreement, how will the implementation of the AFCFTA impact Nigeria's competitiveness with the rest of Africa? Nonso Obikili, Director at Turgot Centre for Economics and Policy Research joins CNBC Africa for more.
The African Development Bank launched its African Economic Outlook for 2019 in Abidjan, and it estimates that average real GDP growth for the continent is expected at 4 per cent this year. The AfDB also stated that growth on the continent was 3.5 per cent in 2018 and is projected to reach 4.1 by 2020. Andrew Nevin, Partner and Chief Economist at PWC Nigeria joins CNBC Africa to share his thoughts on the AFDB’s projections.
Nigeria's Vice President Yemi Osinbajo will deliver a special lecture today, at Oxford University to highlight investment efforts and government's plans for human capital development. Nonso Obikili, Policy Associate at Economic Research South Africa joins CNBC Africa from Abuja to discuss Nigeria’s strides in human capital development.
The economic recovery and growth plan is Nigeria's medium-term development initiative that aims to restore economic growth and build a more competitive economy. Nonso Obikili, Policy Associate at the Economic Research Southern Africa joins CNBC Africa to discuss the progress of this initiative.
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