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Gregory Kronsten
Whither remittances in the Nigerian economy?
Even on the official figures, remittances last year were the equivalent of 6 per cent of GDP. There is therefore…
Korea (South): Turn on the lights!
We attended the annual meetings of the African Development Bank (AfDB) in Busan (South Korea) last week, and can…
The case for not so small government
The physical infrastructure was no better then than it is now, and banks’ lending was no more diversified. Yet…
A warning from the IMF on borrowing for productive…
Rex Tillerson, the then US secretary of state, made some punchy criticisms of Chinese lending policy in Addis on 08…
Pharaohs in the spotlight
A fortnight ago, both Egypt and Nigeria successfully tapped the Eurobond market. The former raised US$4.0bn from…
Much to play for in 2018
We would all like to forget 2016 for the start of the recession and the deepening scarcity of fx. We could say the…
TINA (there is no alternative) to FGN borrowing
The FGN is currently on a roadshow ahead of the planned issuance of Eurobonds to raise US$2.5bn. It has a…
NNPC: several positives amid the uncertainty
The old-style Nigerian National Petroleum Corporation (NNPC) viewed financial and operational data as its private…
Economies, governments and elections: much talk
It is often said that elections disrupt the macroeconomy. The recent elections in Kenya have prompted us to apply a…
Diversification to include a shock-resistant BoP
Most analysis of the balance of payments (BoP) covers the current account, and in this narrow sense Nigeria’s…
A long haul over non-oil revenue collection
We all know that the FGN’s total spending is low because its revenue collection is poor and because it is fiscally…
A long haul over non-oil revenue collection
We all know that the FGN’s total spending is low because its revenue collection is poor and because it is fiscally…