June 5, 2024/United Capital Research The Nigerian banking sector is currently going through a transformation that will enable it to support a $1 trillion economy and as the CBN has shown, not everybody can come. On Monday 3 June 2024, the Central Bank of Nigeria revoked the Heritage bank Plc’s […]
OPINION/EDITORIAL
Purchasing Managers’ Index (PMI) Goes Up Moderately in May 2024
June 5, 2024/CSL Research In May 2024, the Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) saw a moderate increase, rising to 52.1 points from 51.1 points in April. This indicates a modest expansion in business conditions within the private sector. The May reading is the second highest of the […]
As IMF Turns 80, Mounting Global Challenges Mean World Must Work Together
(Credit: Original illustration by Daniel Liévano) June 4, 2024/IMFBlog By Gita Bhatt “Prosperity, like peace, is indivisible,” US Treasury Secretary Henry Morgenthau Jr. said as he opened the Bretton Woods conference in 1944. It was, as he put it, an “elementary economic axiom” to help guide the founders of the […]
