February 27, 2024/FBNQuest Research The gross monthly distribution by the Federation Allocation Committee (FAAC) to the three tiers of the government amounted to NGN1.2trn (USD816.8m) in February (from January revenue). The disbursement represents a slight increase of +2% m/m from the previous month’s gross payout. Compared with the previous month, […]
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 […]
