Nigeria’s internet subscriber base reaches 152.93m in October as broadband penetration hits 45.9%
By Charles Abuede Active internet data subscribers 152.48m Airtel, Glo go head to head for No. 2 in Nigeria after MTN, with
Nigeria’s deficit, debt to remain high post-Covid-19, oil shocks, says Moody’s
By Charles Abuede Rates credit profile B2 negative Economy severely hit by Covid-19, oil price shocks Nigeria’s credit
NBS reports 6% Nigeria banking sector loan growth to N19.87trn in Q3’20
By Charles Abuede Report points that growth in loans from banks not expected until economic activities pick up significantly
Nigeria’s inflation reaches 34-month high at 14.89% in November, amid yuletide
By Charles Abuede Food, core inflation rise to 18.30%, 11.05% in line with analysts’ expectations With the festive
Nigeria’s capital import tumbles down 74.03% y/y to $1.46bn in Q3’20
By Charles Abuede But up 12.86% from $1.29bn in Q2’20 Nigeria, Africa’s largest economy, saw its capital
Domestic equities: Investors take guarded stance on equities over uncertainties from CBN’s special bills
By Charles Abuede The equities market bucked its two-week bullish trend, pressured by worries concerning the Central Bank of
Naira steady on street but CBN’s Special Bills leave market adrift in search of direction
By Charles Abuede Fixed income market in bearish posture Prevailing uncertainty in the market and recent sell-offs expected to
After bullish November, FSDH analysts say domestic equities set for a pullback
By Charles Abuede Reversal imminent after best-of-34-months for local market CBN’s special muted threat to long-term bullish
It’s too much! Businesses cry out over
By Charles Abuede High inflation Naira depreciation High interest rates Poor demand Poor power supply A very volatile business
CBN’s new guidelines permit HoldCos as MMOs, subsidiaries as defined entities
By Charles Abuede Says only MMOs are permitted to hold customer funds New framework will promote credible and strong payment