May 20, 2024/FBNQuest Research The Federal Account Allocation Committee (FAAC) published its latest monthly communiqué on the federation’s revenue distribution. According to the report, the gross monthly distribution to the three tiers of the government amounted to N1.2trn (USD784.4m) in May 2024 (from April 2024 revenue). The gross payout for […]
OPINION/EDITORIAL
On Building a Resilient Regulatory Framework
May 20, 2024/US Federal Reserve By Vice Chair for Supervision Michael S. Barr Watch Live Thank you for inviting me to speak today. As many of you know, I have two roles at the Federal Reserve—my role as a governor of the Board and member of the Federal Open Market […]
Slight Increase in Gross External Reserves
May 20, 2024/CSL Research Based on figures obtained from the Central Bank of Nigeria (CBN) website on movement of external reserves as of 16 May 2024, there was a notable increase of US$0.54bn in the nation’s external reserves reaching US$32.64bn, after a significant decline of US$2.28bn in a single month […]
