OPINION/EDITORIAL

MPC Meeting Outlook: 100bps Rate Hike Likely as MPC Concludes Meeting

February 27, 2024/CSL Research As the Central Bank of Nigeria (CBN) concludes its first Monetary Policy Committee (MPC) meeting under the CBN Governor Yemi Cardoso today, we anticipate a sustenance of its contractionary monetary measures. Despite the administration’s preference for a low interest rate environment, we expect a 100bps increase […]

Why Reinsurance is the Unsung Hero of Consumer Protection

February 27, 2024/Edelman By Emeka Akwiwu, Group Executive Director, Continental Reinsurance Plc In the world of insurance, there’s a powerful yet often unseen force that plays a pivotal role in securing consumers’ financial wellbeing: reinsurance. At its core, reinsurance is a safeguard for insurance companies, allowing them to share and […]

Agricultural Sector Growth Remains Suppressed

February 27, 2024/CSL Research Nigeria’s agricultural sector grew by 1.13% in 2023 in real terms compared to the 1.88% growth rate recorded in 2022. In Q4 2023, the sector grew marginally by 2.77% to 2.10% from 2.05% in Q4 2022. The data also revealed that the sector’s contribution to GDP […]