March 5, 2024/CSL Research According to a report by Business Day newspaper, over 40 million lines may have been barred by telecommunication operators following the expiration of the 28 February deadline to link Subscriber Identity Module (SIM) with National Identity Numbers (NINs). The chairman of the Association of Licensed Telecommunications […]

March 4, 2024/CSL Research Based on figures obtained from the Central Bank of Nigeria (CBN) website on movement of external reserves, the country’s external reserves have declined by US$0.40bn since the FX unification in June 2023. The figures show that external reserves fell from US$34.12bn as of 30 June 2023 […]

March 4, 2024/Coronation Research By Omoleye Omoruyi The Nigerian economy faces a dual challenge: the drastic depreciation of the Naira and soaring inflation rates. But first, what is driving the fall of the naira? The Nigerian Naira (NGN) has experienced significant depreciation against major currencies. As the exchange rate fluctuates, […]