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Nigeria is a middle-income country with a mixed economic structure in Africa. The country is plagued with huge income inequalities. Nigeria is a middle-income country with a mixed economic structure in Africa. The country is plagued with huge income inequalities. Currently, the economy is dependent on the Oil sector for its earnings in foreign currency with as much as 90% contribution. However, the Oil & Gas sectorcomprises only 8.5% of the Nigerian GDP Fall in oil prices in 2016 significantly impacted the Nigerian economy that led the government to move towards diversifying the economy and reducing dependenceon the Oil sector However, diversifying the economic base has been a challenge for the country mainly due to political issues, corruption, poor infrastructure, and weak economymanagement Despite all the challenges, the Nigerian economy has been reviving and is expected to register steady growth in the coming years primarily backed by improvingeconomic fundamentals in the country― The country is expected to witness a positive GDP growth rate in the coming years with the GDP (at current prices) expected to reach US$873.9 billion in 2023from US$376.3 billion in 2017― The current account balance of the country is also improving. Current account balance as a percentage of GDP is almost in line with the US, China, UK, andother African economies― National debt as a percentage of GDP is the lowest for Nigeria when compared with selected African and international economies― Elections in 2019 will provide much needed political stability and improved policy decision making to turn business conditions favourable

Why invest in Uganda?

• Liberalized Economy; Ranks 83^rd in the Economic Freedom Index among 180 countries. FDI is allowed in almost all the sectors
• Politically stable and secure country
• Attractive tourism destination in Africa
• Abundance of under-exploited minerals and renewable energy
• Population growth rate of 3.3%
• Availability of tax incentives, depreciation allowances and free trade zones to facilitate investments

The extraordinary uncertainty over the outcome of Brexit makes a fundamentals-based valuation of the GBP/USD exchange rate exceptionally challenging. What follows is an effort to describe the odds of three different Brexit outcomes - a hard-Brexit, an orderly Brexit, and a second referendum - from the GBP/USD exchange rate. The resulting estimates suggest about a 25% chance of a hard Brexit that would likely cause a 10-15% depreciation of the pound.

The Impact of a Hard Brexit will Surely be Severe

The International Monetary Fund has, by far, the most careful and rigorous forecasts of Brexit’s impact on the UK economy. It has projected that a hard Brexit, where the UK leaves the EU without an agreement on trade and capital flows, would reduce the long-term level of UK GDP by about 6.5%. As shown on the right (taken from the IMF’s blog), the IMF’s estimate is around the midpoint of other estimates on the effect of a hard Brexit. 

Powered by EOS blockchain technology, MyCryptoBank (MCB) is a decentralized online banking platform that allows registered users to access a full range of banking services and other cryptocurrency operations. The multifunctional platform is an integration of traditional and digital currencies used for banking services such as remote access to accounts, products and other banking services. The services on the platform can be availed through the use of its native token, MCB.

Potential Debt-Deflation Makes Chinese Assets Especially Risky. Trade tensions and slowing global economic growth are combining to make the upcoming path of the Chinese yuan (aka. renminbi) even more uncertain than usual.