May 30, 2024/FBNQuest Research Data from the Central Bank of Nigeria’s (CBN) most recent Quarterly Statistical Bulletin (QSB) shows that the Federal Government of Nigeria (FGN) recorded a fiscal deficit of N3.3trn in Q4 2023. This brings the total fiscal deficit in 2023 to N12.9trn, equivalent to 5.6% of GDP […]

May 30, 2024/CSL Research In its updated International Payments Data, the Central Bank of Nigeria (CBN) announced that the value of Letter of Credit (LCs) declined by 62.77% y/y and 15.61% q/q in Q1 2024 to US$204.47m in comparison to US$549.22m and US$242.29m in Q1 2023 and Q4 2023 respectively. […]

May 30, 2024/US SEC Gurbir S. Grewal Director, Division of Enforcement Bruce [Carton, founder/editor of Securities Docket], thank you not just for the introduction, but also for the invitation to join you today. This event, together with its East Coast and now Midwest counterparts, offers regulators like me a unique […]