Nigeria inflation has slowed after the country exited a recession which made importation expensive, but food inflation has remained high. Nigeria has since August partially closed land borders to halt trade amid a crackdown on smuggling, but the move is expected to push up prices.
360 global single- and multi-family offices were surveyed for the 2019 UBS Global Family Office Report, which was done in conjunction with Campden Research. A majority expect the global economy to enter a recession by 2020, with the highest percentage of gloomy respondents in emerging markets. About 42% of family offices around the world are raising cash reserves. Bloomberg's Tom Metcalf and Lisa Abramowicz speak on "Bloomberg Money Undercover"
In the face of a rising global trade tension and projected global recession in 2020 – to discuss how these global issues are impacting emerging economies like Ghana’s, Emmanuel Zewu, Vice President for the Economic Research and Policy analysis unit at New Era Africa and Winston Osuchukwu, Co-founder of Trans-Sahara Incorporated join CNBC Africa for more.