The problem is about policy somersaults, some of our members who have outrightly invested in backward integration will now start to regret this move because everyone...
The IMF and World Bank have promoted policies over the years that have led to the radical declined of the Nigerian currency against western currencies while...
On food inflation, NBS said: “The Food inflation rate in September 2023 was 30.64% on a year-on-year basis, which was 7.30 percentage points higher compared to...
Role of the Financial Institutions The African Development Bank, the Asian Development Bank, the Asian Infrastructure Investment Bank, the Council of Europe Development Bank, the European...
Data from FMDQ showed that the indicative exchange rate for the I&E window fell to N759.2 per dollar from N776.8 per dollar on Wednesday, indicating N17.16...
Victor Chiazor, analyst and Head of Research and Investment at FSL Securities Limited, said: “The report by IMF reviewing Nigeria’s GDP growth rate down to 2.9%...
He added that it is usually not advisable to have a CBN governor with a background in banking as there tends to be a “romance” between...
However, due to the sharp decline in cash mop up by the CBN, the banking industry enjoyed a 46 per cent increase in average daily cash...
It should also be noted that oil prices have soared since June due to production cuts by the world's largest crude producers (OPEC+, which includes Russia...
The CBN Money and Credit Statistics data for August 2023 showed that banks’ credit to the government rose month-on-month (MoM) by 0.62 percent from N32.5 trillion...