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CATEGORY

Economics

Banks Aggregate Non Performing Loans Fall to 6.4 % in June

The Non-Performing Loan (NPLs) ratio of Nigerian banks decreased to 6.4 per cent at the end of June 2020 from 9.4 per cent in...

The Great Financial Repression Unleashed by CBN will Not end Well

The Central Bank of Nigeria (CBN) under Godwin Emefiele has gone full Financial Repression mode with numerous policies and it is certain not to...

Nigeria Posts Current-Account Deficit of $4.8bn for Q1

Nigeria’s Current-Account remained in deficit in the First Quarter (Q1) of 2020 as exports again dropped faster than imports amid a global economic slowdown...

CBN Financing of FG continues as Interest on Way & Means Hit N219bn in Q1

The Central Bank of Nigeria (CBN) has continued to finance the Federal Government (FG), by monetizing its fiscal shortfalls as the interest on Ways...

Corporate Refinancing to Test Markets with N380bn of Bonds, Commercial Paper due 2020

Nigerian Corporates are set to refinance about $1 billion (N380 billion) of maturing debt by the end of 2020, according to data compiled by...

Money Supply up 15% Tests CBN Growth Over Inflation Stance

While the Central Bank of Nigeria (CBN) has shifted its policy stance from monetary stability to stimulating growth in Africa’s largest economy, one data...

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