September 23, 2021/Proshare by FBNQuest Research The FGN’s domestic debt increased by 14% y/y to NGN17.63trn at end-June as the authorities rushed to finance their fast-growing deficit, mostly with the sale of bonds at the monthly auctions. In contrast, the stock of pro-notes declined from NGN940bn at end-March to […]
OPINION/EDITORIAL
CBN e-Naira Series 2: Can the e-Naira Deepen Financial Inclusion?
September 23, 2021/United Capital Research One of the marketed value propositions of the e-Naira is its potential to deepen financial inclusion in Nigeria, as it is targeted at both the banked and unbanked segments of the population. The CBN views the e-Naira as an opportunity to further its goal of […]
Senate Approves Medium-Term Expenditure Framework
September 23, 2021/CSL Research Based on media reports, yesterday, the Senate approved the 2022 – 2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF – FSP). The decision followed the adoption of the recommendations of a joint committee of the National Assembly led by Senator Olamilekan Salami. The committees, […]
