Tag: Afrinvest

News

Nigeria’s debt profile needs urgent attention – Report

Afrinvest, in its latest macroeconomic update titled Nigeria’s Debt Statistics… High Risk or Not?, has warned that Nigeria’s debt profile requires urgent attention to prevent further decline. The report, which examines insights from IMF First Deputy Managing Director Gita Gopinath’s recent visit, underscores the need for immediate fiscal action. During her visit, Gopinath characterized Nigeria’s […]

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Financial sector growth rises over 20% in three years – Report

Nigeria’s Financial and Insurance sector grew from 10.1 per cent in 2021 to 31.2 per cent in the first quarter of 2024, according to the newly launched Afrinvest report with the theme ‘Bank Recapitalisation Catalyst for a $1 Trillion Economy’. The report, which was unveiled in Abuja on Wednesday, revealed that the agriculture sector lagged […]

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Expand beyond banking to attain $1tn economy, Afrinvest tells FG

The Federal Government has been informed that the nation must expand outside the banking industry to reach the estimated $1 trillion GDP. This was disclosed by the Group Managing Director of Afrinvest, Chioke Ike, at the launch of its 2024 Banking Sector Report, themed Recapitalisation: Catalyst for a $1 Trillion Economy?’, according to The Punch. […]