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 […]
OPINION/EDITORIAL
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 […]
E-Payment Transactions Surge by 89% Y/Y in July 2024
September 27, 2024/CSL Research The Nigeria Inter-Bank Settlement Systems (NIBSS) has reported that the value of E-payments transactions in Nigeria hit a record of N89.5 trillion in July 2024. This milestone, revealed in the latest e-payment data, marks the highest monthly transaction value ever recorded on the NIBSS Instant Payment […]
