December 14, 2021/Fitch Ratings Fitch Ratings says the sector outlook for African banks in 2022 is neutral, with uncertain business conditions and Covid-19 risk constraining recovery. We anticipate a slightly faster rise in lending with most economies growing at the trend rate and banks gradually loosening stricter/pandemic-era underwriting standards. Our […]
OPINION/EDITORIAL
Nigeria in 2022: Traversing the Murky Recovery
December 14, 2021/Cordros Report EXECUTIVE SUMMARY Supposing that parallel lines could be drawn between the reforms needed to improve macroeconomic resilience and the famous quote “never let a good crisis go to waste”, then it could be argued that the pandemic presented policymakers with another opportunity to implement a range […]
Sustained Growth in Digital Payment Industry in November 2021
December 14, 2021/CSL Research Recent data from the Nigeria Inter-Bank Settlement System (NIBSS) showed solid growth across the various e-payments channels for the 11 months of 2021. NIBSS Instant Payment (NIP) transactions recorded a 75.3% y/y and 74.2% y/y growth in transaction value and volume to N241.7tn and 3.1bn, respectively. […]
