July 5, 2021/Coronation Merchant Bank The business environment has witnessed a major shift heightened by the COVID-19 pandemic which has compelled organizations to be more dependent on technology. With most businesses moving to the cloud and going digital, risk management approaches cannot remain the same. The question becomes, what is […]
OPINION/EDITORIAL
Continuing Underperformance on Remittances in Q4 2020
July 5, 2021/Proshare By FBNQuest Research We see from the CBN’s most recent Quarterly Statistical Bulletin (QSB) that net current transfers in the balance of payments (BoP) slumped by -19.3% y/y to USD5.64bn in Q4 ’20 yet rose by 16.3% q/q. If we take the last three quarters of last […]
PIB: Dangote refinery, others to buy crude in naira
July 5, 2021/Punch By Femi Asu Holders of refining licences in the country can pay for domestic crude oil supply in naira, according to the Petroleum Industry Bill passed by the National Assembly on Thursday. Companies holding refining licences include Dangote Oil Refinery Company, Waltersmith Refining & Petrochemical Company Limited, […]
