December 10, 2021/CSL Research Based on news reports, the United Bank for Africa Plc has taken over the majority stake in the Abuja Electricity Distribution Company (AEDC). The Minister of Power, Abubakar Aliyu, announced that the Federal Government supports the decision. According to Abubakar Aliyu, the Deposit Money Bank had to take […]
OPINION/EDITORIAL
Decline in November FAAC Payout
December 10, 2021/Coronation Research The gross monthly distribution by the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N671.9bn (USD1.62bn) in November (from October revenue). This shows a decrease of -9.2% or N68bn from the previous payout. Based on data in the […]
Systemic Crypto Risks
December 10, 2021/IMF Weekend Read Welcome to the Weekend Read! In today’s edition we focus on the the need to manage the systemic risks posed by the new crypto age, how metals demand will boom in a clean energy transition, the future of multilateralism, a primer on global public goods, the […]
