September 30, 2024/FBNQuest Research According to the most recent data from the Nigeria Inter-Bank Settlement System (NIBSS), the total value of electronic transactions processed under the NIBSS Instant Payments (NIP) platform returned to normal growth trajectory in July 2024, after a brief moderation in June 2024. During the review month, […]
OPINION/EDITORIAL
CBN Reports Sustained Growth in Money Supply
September 30, 2024/CSL Research The recently updated report from Central Bank of Nigeria (CBN) indicates that Money Supply (M2) rose to a new high of N107.2trn in August 2024, a month-on-month growth of 0.87% from July. On a year-on-year basis, it has now risen by a staggering 63.3% from N65.6trn […]
Oversupply Fears Are Pushing Oil Prices Lower
September 27, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Fear of an oversupply of oil on the back of reports that Saudi Arabia is considering returning to its strategy of pursuing market share rather than supporting prices has sent both WTI and Brent falling this week. Friday, September 27th, 2024 China’s economic […]
