March 18, 2021/Proshare By CSL Research Recently, the Central Bank of Nigeria (CBN) released a circular detailing the resolution of a meeting between CBN, the Nigerian Communications Commission (NCC), Mobile Network Operators (MNOs), and Deposit Money Banks (DMBs), following threats by the MNOs to withdraw the Unstructured Supplementary Service Data […]
OPINION/EDITORIAL
EM EMEA Bank Asset Quality to Weaken as Forbearance Is Withdrawn
March 17, 2021/Fitch Ratings Emerging market (EM) banks in the Europe, Middle East and Africa (EMEA) region should see meaningful increases in reported nonperforming loan (NPL) ratios in 2021 with the expiration of moratoria and loan forbearance programmes, Fitch Ratings says. Our new report What Investors Want to Know: Loan […]
A Modest Increase in FGN Domestic Debt in Q4 2020
March 18, 2021/Proshare By FBNQuest Research At end-December the FGN’s domestic debt stock totalled NGN16.02trn (USD40.7bn at the NAFEX rate of 30 December), equivalent to 10.5% of the year’s GDP. The stock increased by NGN180bn in the quarter and NGN1.75trn over 12 months. Outstanding FGN bonds increased by NGN1.31trn in […]
