There were multiple macroeconomic data releases to analyse this week. The Q3:2018 GDP report which was published on Monday showed an improvement in economic growth to 1.8% (Q2: 1.5%), although the overall economy remained fragile.
SMEs are an essential component in the fabric of every economy, and in recognition of this, NASD Plc was in attendance at the award ceremony organized by Business Day to celebrate and recognize “the top 100 fastest growing SME’s in Nigeria”.
The demand for edible salt has been declining over time. Consumers have become more aware of the cardiovascular threat of excessive salt in meals. It is said that 40% of Nigerian adults are hypertensive.
Mrs. Maryam Uwais, Senior Special Adviser to the President on Social Investments in a recent interview with Proshare WebTV, explained the role of the Federal Government in ensuring the success of the on-going social investment programme in Nigeria.
Nigerian Stock Market closed the month of November 2018 further down as NSEASI dipped by -4.90% as against -0.92% loss recorded in the month of October 2018 while market YTD performance dished further in the negative territory as it stood at -19.27% at the end of the month under review.
At the maiden edition of the Africa Fintech Festival in Lagos, panelists discussed “Global Fintech Trends and the Opportunities for Africa” looking at the development in the global Fintech industry and how Africa can tap into the ecosystem.