Tag - nigeria

KPMG lists trends that will determine Nigerian economy in 2020

Amazing economic update from KPMG. The company has listed global pressure points and external shocks, fiscal unsustainability, exchange rate market, credit and reactive policy environment as factors that would determine the success of the Nigerian economy in 2020. The multinational professional services firm disclosed this at the America Business Council’s second economic update on Wednesday...

China Loans

Nigeria Owes More Money to China Than Any Other Country: Chart

Chinese credit accounts for 80% of all bilateral lending to Nigeria, data from the West Africa nation’s debt management office show. China provides loans to build railways, power plants and airports, helping to bridge a huge infrastructure gap in Africa’s largest oil producer. However, lending from China makes up only 3% of Nigeria’s total...

The Impact of Bitcoin on Developing Countries like Nigeria (Andreas Antonopoulos)

In this short video, Andreas Antonopoulos highlighted the key impact of Bitcoin on developing countries like Nigeria and Kenya. He succinctly explained his point with very simple examples, and I believe this will add to your vast understanding of Bitcoin and some other cryptocurrencies. Kindly watch the video and drop your opinions in the comment box...