In times of recession, and of a budget shortfall, it is only normal to expect a central bank to lend money to its government. However, in Nigeria, it appears to
Coronation Research, today releases its report on Nigerian Banks “Nigerian Banks, Resilience Built In”. The report shows that Nigerian banks’ earnings have been remarkably resilient over the interest rate cycle, their
On Friday, we published our report on Nigerian Banks. We examined what has happened within the Nigerian Banking industry over the past 10 years. It is a unique 10-year study
The World Bank does not leave a stone unturned when it comes to examining Nigeria. Many of its recommendations come as no surprise: full harmonisation of foreign exchange markets; removal
Bitcoin has taken the world by storm over the past year, but Nigerians were alert to the opportunities early on, and data suggests that they are among the most active
One can almost hear the sigh of relief coming from Abuja. Oil prices are up and the immediate threat to the nation’s foreign exchange reserves has receded. Markets (long-dated bonds
Economic growth; inflation; foreign exchange. These are three of the Central Bank of Nigeria’s key responsibilities, yet prioritising one at the expense of the others can prove costly. Yet how
Q1 2021 GDP was reported on Sunday evening and showed the growth rate at 0.51% year-on-year (y/y). This was better than the 0.11% y/y growth of Q4 but Q1 2021’s
For the past 18 months investors in 1-year risk-free Nigerian Treasury Bills (T-bills) have been denied a return anywhere near the rate of inflation. Yet this has begun to change
Tomorrow we publish our report on the Mutual Fund (Collective Investment Scheme) industry. The total assets under management (AUM) of Nigeria’s Mutual Funds grew by 50% last year to N1.6
