Understanding Nigeria’s Banking Sector Recapitalisation
Understanding Nigeria’s Banking Sector Recapitalisation
Understanding Nigeria’s Banking Sector Recapitalisation
CBN announced its decision to sell foreign exchange worth USD20,000 to eligible BDC operators across the country
According NBS Nigeria’s headline inflation increased for the thirteenth consecutive month
The IMF revised downward its 2024 economic growth projection for Nigeria to 3.0% from the 3.1%
Global Macro Highlights UK economy showed no growth QoQ in Q3:2023 The Office for National Statistics reported that the UK economy showed no growth QoQ in Q3:2023 as GDP remained unchanged during the period, following a 0.2% increase in Q2:2023. However, on a YoY basis,
Global Macro Highlights US Federal Reserve chose to keep the federal funds rate The US Federal Reserve chose to keep the federal funds rate at 5.25%-5.5%, which remains its highest level in 22 years. During the previous month, the unemployment rate climbed to 3.9%, reaching
Global Macro Highlight U.S. economy grew by an impressive 4.9% YoY According to a report by the United States Bureau of Economic Analysis, the U.S. economy grew by an impressive 4.9% YoY and 1.2% QoQ, representing the most substantial growth observed since Q4:2021. This surge