OPINION/EDITORIAL

E-Payments, a Beneficiary of the Virus

Culled—Proshare April 23, 2020 By FBNQuest Research                                                                                The latest data from a NBS series, produced in collaboration with the CBN, reveal that 894 million transactions valued at N49trn were recorded on electronic payment channels in Q4 2019. NIBSS instant payments (NIP) dominated with a volume of 343 million. […]

Nigeria’s Impending Recession

Culled—Proshare April 23, 2020 By FDC Ltd   The International Monetary Fund (IMF) estimates that the coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009. However, it expects a recovery by 2021. The pandemic has […]

The Disruptive Impact of COVID-19

Culled—-Proshare April 23, 2020 By FDC Ltd   Covid-19 has brought the global economy to its knees. The lockdowns, social distancing and self-isolating rules in various countries have resulted in a virtual economic paralysis and what could likely be the worst financial crisis since the Great Depression.            Covid-19 & […]