Saturday, December 09, 2017 08:00 AM / Proshare
From the Editor’s Desk
According to the Central Bank of Nigeria, the amount accrued to total remittances as at September 2017 stood at $381 million. When compared to the previous month, total remittances shrunk by 52.1%. This thus brings total remittances in 2017 to $4.893 billion making it 1.2% of Gross Domestic Product.
Fig 1: Total remittances from July 2016 to Sept 2017
Letters of credit also fell from
$25.9 million in August to $12.99 million reflective of a 96.9% slump in letter
of credit. The total cost tagged to letters of credit for the year 2017 stands
at $278 million
Monday, December 11, 2017
#Africomm2017 - The 9th EAI International Conference on e‐Infrastructure and e‐Services for Developing Countries
Tuesday, December 12, 2017
The National Environmental Standards and Regulations Enforcement Agency (NESREA)’s 11th National Stakeholders' Forum will commence today in Abuja, while the International Labour Organisation (ILO) launches the World Social Protection Report 2017-2019.
Wednesday, December 13, 2017
The House of Representatives of the Federal Republic of Nigeria will commence a public hearing on the NGO Bill today.
Thursday, December 14, 2017
Economic Associates (EA) will host its one-day quarterly conference on Nigeria’s Economic Outlook today in Lagos, while the 2017 Africa Fintech Foundry Disrupt Conference holds.
Contact for Details:
Previous Week(s)1. What To Expect From The Markets This Week- 041217